Listed By:
Windermere RE/Lake Chelan and NWMLS
Address
21 W 4th Avenue, Omak, WA
Price
$ 450,000
Property Attributes
  • ID#2564017
  • TypeSingle Family
  • CountyOKANOGAN
  • CityOmak
  • AreaOkanogan Valley
  • NeighborhoodOmak
  • Zip98841
  • StyleTraditional
  • Year Built1946
  • Taxes$ 1602
  • Price$ 450,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3723
  • Lot Size0.37 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description

Residential and business high-performing investment opportunity with an attractive 8% cap rate in the heart of Omak, Washington. Located on a high-visibility, high-traffic corridor with outstanding access from both Omak and neighboring Okanogan, this turnkey income-producing property offers immediate cash flow and long-term investment potential. Consisting of three buildings- two houses and one main business building, all with established tenants. Three business tenants include a chiropractor, salon, and Beltone Hearing, plus two residential rental homes on commercially zoned property for diversified income. Major updates include a new roof (2014), building renovation (2023), parking lot replacement (2018), recent reseal and striping, mini-splits (2025), and exterior paint on the homes. Offering 11 parking spaces, excellent signage, strong street exposure, and mostly month-to-month leases (one through Sept. 2028), this is an outstanding opportunity for investors seeking a mixed-use commercial property, rental income, or owner-investment. Additional back area once used as meat cutting business could also be leased- has separate entry and access to 2 walk-in coolers, currently empty and used for storage. Family owned for generations and offered as-is.

Price History
8/3/2026 Listed $450,000

General Features

Living Area 3723
Sewer Sewer Connected
Heating Baseboard,Ductless,Wall Furnace
Cooling Ductless,Insert,Window Unit(s)
Possession Closing,Negotiable
Roof Built-Up,Metal
Appliances Dryer,Refrigerator,Washer
Architectural Style Traditional
Year Built 1946
Topography Level
Levels One
Property Subtype Single Family Residence
Tax Year 2026
County Okanogan
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Omak
Full Baths 2
Special Listing Conditions None
Status Active
Directions Hwy 97 to Omak,Turn on Oak street exit,continue on 97 Hwy Business/Okoma Dr,turns into 4th Ave W at curve,property on Right.
City Omak
Entry Location Main
Senior Community Y/N No
High School District Omak
MLS Area 620 - Okanogan Valley
Lot Size Units Square Feet
Lot Size Square Feet 16117
Carport Y/N No
Listing Terms Cash,Conventional,Owner Will Carry
Land Lease Y/N No
Tax Annual Amount 1602
Public Remarks Residential and business high-performing investment opportunity with an attractive 8% cap rate in the heart of Omak,Washington. Located on a high-visibility,high-traffic corridor with outstanding acc
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company City of Omak
Total Actual Rent 4425
Property Style 10 - 1 Story
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Ceiling Fan(s)
Basement Unfinished
Flooring Concrete,Vinyl Plank,Carpet
Fireplace Features Electric
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
3/4 Baths 2
Total Bedrooms 4
Main Level Bedrooms 4
Total Baths 4
Power Production Type Electric
Baths Three Quarter Main 2
Baths Full Main 2
Bathrooms 3.5

Exterior Features

Exterior Amenities Wood,Wood Products
Parking Features Driveway,Off Street
Lot Features Alley,Corner Lot,Curbs,Paved,Sidewalk
Water Source Public
Total Parking 15
Inclusions Dryer(s),Refrigerator(s),Washer(s)
Foundation Details Block,Poured Concrete
Building Area Total 3723
Lot Dimensions 135x120
Lot Size Acres 0.37
Waterfront Y/N No
Irrigation Water Rights Y/N No
Site Features High Speed Internet
Parking Uncovered Total 15
Lot Number 14-17

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 98841

Price
AVG $430K
$450K
Taxes
AVG $7,789
$1,602
Year Built
AVG 1982
1946
Visits
AVG 271
26
Data Provided by Inside Real Estate®

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