Rockhood
$450,000List price
4 bed · 4 bath · 3,723 sq ft
Active

21 W 4th Avenue · Omak, WA 98841

Source: NWMLS · Windermere RE/Lake Chelan · Cora Nordby #NWM2564017

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.

Location

Basics

Property type
Single Family Residence
Style
Traditional
Stories
1 story
Year built
1946
Lot size
16,117 sq ft (0.37 acres)
County
Okanogan
MLS #
NWM2564017

Interior

Heating
Baseboard, Ductless, Wall Furnace
Cooling
Ductless, Insert, Window Unit(s)
Flooring
Concrete, Vinyl Plank, Carpet
Appliances
Dryer, Refrigerator, Washer
Interior features
Ceiling Fan(s)
Entry level
Main

Exterior & lot

Exterior features
Wood, Wood Products
Roof
Built-Up, Metal
Foundation
Block, Poured Concrete
Lot features
Alley, Corner Lot, Curbs, Paved, Sidewalk
Topography
Level
Waterfront
No

Parking

Parking spaces
15
Parking features
Driveway, Off Street

Utilities

Water
Public
Sewer
Sewer Connected
Power
Electric

Community & fees

Subdivision
Omak
Property tax
$1,602 (2026)

Transaction

Listed on
Jul 28, 2026
Days on market
54
Price per sq ft
$121
Listing terms
Cash, Conventional, Owner Will Carry
Possession
Closing, Negotiable

More homes nearby

Sale history

Earlier listings of this home on the MLS.

2026-07-28
Active$450,000

Schools

School district: Omak

High
Washington Virtual Academy Omak High School
SchoolDigger 2 stars · Top 63% in WA

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Listing provided courtesy of: Windermere RE/Lake Chelan

Listing agent: Cora Nordby.

Based on information submitted to the MLS GRID as of . 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 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. Information is deemed reliable but not guaranteed.

Data last updated 2026-08-05.