Property Details
21 W 4th Avenue
Omak, WA 98841
$450,000
Active
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About This Home
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.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
Okanogan
Neighborhood
Omak
Listed
Jul 28, 2026
Structure Type
House
Parcel Number
1770071600
Tax & HOA
Annual Property Tax
$1,602 (2026)
Est. Monthly Tax
$134/mo
Interior Features
Bedrooms
4
Bathrooms
3.5
Living Area
3,723 sq ft
Basement
Unfinished
Entry Level
Main
Interior Features
Ceiling Fan(s)
Exterior & Lot
Lot Size
0.37 sqft
Year Built
1946
Exterior Materials
Wood
Parking
Driveway, Off Street
Sewer
Sewer Connected
Water Source
Public
Lot Features
Alley, Corner Lot, Curbs, Paved, Sidewalk
Exterior Features
Wood, Wood Products
Community & Access
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.
Location
City
Omak
County
Okanogan
Coordinates
48.40568, -119.52961
Schools
School District
Omak
Additional Information
Tax Year
2026
Annual Taxes
$1,602
Possession
Array
Inclusions
Dryer(s),Refrigerator(s),Washer(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of August 5, 2026 3:45 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
