$1,500,000

304 E Pancake Blvd Liberal, KS 67901

Estimated payment $9,166/month

Total Views 2,886
-- Bed
-- Bath
6,950 Sq Ft
$216 Price per Sq Ft

Highlights

  • Popular Property
  • Private Yard
  • Heating Available
  • 0.65 Acre Lot
  • Cooling 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 90% occupancy. 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.

Listing Agent

Chad Novack

Envision Real Estate License #SP00234875 Listed on: 10/30/2025

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,959

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Tax Year: 2025
  • Year Built: 1955
  • Property Sub Type: Multi Family
  • Lot Size Acres: 0.65
  • NAV29_Unit_1_Appliances: Electric Cooktop, Microwave, Refrigerator
  • Security Features: Fire Alarm, Fire Sprinkler System
  • Co List Office Phone: 620-805-5001
  • MLS Status: Active
  • Architectural Style: Other
  • Carport Y N: No
  • Unit Levels: One
  • Living Area: 6950.0
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Basement YN: No
  • Fireplace: No
  • Interior Features: See Remarks
  • Stories: 1

Exterior Features

  • Disclosures: Disclosure on File, Seller Disclosure
  • Exterior Features: Private Yard, Rain Gutters
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Parking Lot

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Sq Ft: 28314.0
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 192-04-0-30-03-002.00-0
  • Zoning Description: Commercial

Tax Info

  • Tax Annual Amount: 15958.88

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Source: Public Records

Property History

Date Event Price List to Sale Price per 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 -- --
Source: Garden City Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $195,500 --
Source: Public Records

Source: Garden City Board of REALTORS®

MLS Number: 100805

APN: 192-04-0-30-03-002.00-0

Kansas Seward County Liberal 67901

304 E Pancake Blvd, Liberal, KS

For Sale

MultiFamily

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Chad Novack
Listing Agent
Chad Novack
Section Image
Envision Real Estate
(620) 303-8701