Thanks for the replies! We have checked the spark plugs and wires. It has a new dizzy cap, so for now i'm ruling that out. The car is carbureted, so the next thing i'm going to do is check the compression on that cylinder and see if anything is amiss.
Btw Scottie, the car is an 84 olds cutlass supreme (4 door) and this is a N/A carburated engine, taking a closer look this engine is even fire. You are definitely right because looking at the FSM for this car, the only engine options were even fire. I thought it was odd fire because the spacing on the dizzy cap where the plugs go on, are not evenly spaced at all, but once you look inside, the actual contact are evenly spaced. Odd... (or should i say even... haha)