304 E Pancake Blvd Liberal, KS 67901
Estimated payment $9,034/month
Highlights
- 0.65 Acre Lot
- Cooling Available
- 1-Story Property
- Private Yard
- Heating Available
- 1-minute walk to Mary Frame Park
About This Home
304 E Pancake Blvd, Liberal, KS
The Pancake Flats – Turnkey Multifamily Investment Opportunity The Pancake Flats is a 23-unit multifamily complex in Liberal, Kansas, currently operating at nearly 95% occupancy and 100% preleased. Updated units and low-maintenance property make this an ideal turnkey investment. Unit Features: Each unit varies in size and rental income, providing diversified cash flow New kitchenette, fresh paint, and new flooring New split heating and cooling units Property Highlights: Stable tenant base with strong rental history Ample on-site parking Convenient location near schools, shopping, and major employers This property offers reliable cash flow and long-term growth potential. Listing agent is related to one of the sellers.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,959
Year Built
- Built in 1955
Lot Details
- 0.65 Acre Lot
- Private Yard
Home Design
- Composition Roof
Interior Spaces
- 6,950 Sq Ft Home
- 1-Story Property
Kitchen
- Electric Cooktop
- Microwave
Home Security
- Fire and Smoke Detector
- Fire Sprinkler System
Parking
- Paved Parking
- Parking Lot
Outdoor Features
- Rain Gutters
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 192-04-0-30-03-002.00-0
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,287 | $82,928 | $12,938 | $69,990 |
| 2024 | $6,287 | $34,871 | $12,938 | $21,933 |
| 2023 | $6,264 | $34,405 | $12,938 | $21,467 |
| 2022 | $0 | $34,436 | $12,938 | $21,498 |
| 2021 | $5,781 | $37,729 | $12,938 | $24,791 |
| 2020 | $7,687 | $40,326 | $12,938 | $27,388 |
| 2019 | $7,517 | $39,625 | $12,938 | $26,687 |
| 2018 | $8,263 | $42,801 | $12,938 | $29,863 |
| 2017 | $9,864 | $53,207 | $12,938 | $40,269 |
| 2016 | $5,576 | $31,369 | $12,938 | $18,431 |
| 2015 | -- | $31,315 | $12,938 | $18,377 |
| 2014 | -- | $31,156 | $12,938 | $18,218 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/05/2026 02/05/26 | Price Changed | $750 | +20.0% | $2 / Sq Ft |
| 01/29/2026 01/29/26 | Price Changed | $625 | -16.7% | $2 / Sq Ft |
| 01/15/2026 01/15/26 | Price Changed | $750 | +25.2% | $2 / Sq Ft |
| 01/15/2026 01/15/26 | Price Changed | $599 | -20.1% | $2 / Sq Ft |
| 12/22/2025 12/22/25 | Price Changed | $750 | 0.0% | $2 / Sq Ft |
| 10/30/2025 10/30/25 | For Sale | $1,500,000 | 0.0% | $216 / Sq Ft |
| 08/21/2025 08/21/25 | Price Changed | $599 | -7.8% | $2 / Sq Ft |
| 07/15/2025 07/15/25 | Price Changed | $650 | -3.7% | $2 / Sq Ft |
| 07/03/2025 07/03/25 | Price Changed | $675 | -10.0% | $2 / Sq Ft |
| 04/02/2025 04/02/25 | For Rent | $750 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $195,500 | -- |
Source: Garden City Board of REALTORS®
MLS Number: 100805
APN: 192-04-0-30-03-002.00-0
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Ask me questions while you tour the home.