300 S 14th St · Le Claire, IA 52753

$259,000

3 bd · 2.5 ba · 1,501 sqft · MultiFamily public records · 27 Days on market

Built 1930 10,454 sqft lot $173/sqft · 21% below area Est $328k · 21% under

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Why this score? — see what drove the A- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +7.6/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks

Welcome to 300 S 14th St, Le Claire, IA 52753-a stunning 4-bedroom, 3-bath home that perfectly blends comfort, style, and convenience! Step inside to discover an inviting open-concept layout, featuring a spacious living room filled with natural light, a modern kitchen with ample cabinetry and updated appliances, and a dining area perfect for family gatherings or entertaining friends. Retreat to the generous primary suite, complete with a private bath, while three additional bedrooms offer plenty of space for family, guests, or a home office. With three full bathrooms, mornings are a breeze for everyone! Enjoy the beautifully landscaped yard-ideal for summer barbecues or relaxing evenings un

Key facts

• Private bath
• Near downtown
• Landscaped yard

Tags

• OPEN-CONCEPT LAYOUT
• MODERN KITCHEN
• PRIVATE BATH
• LANDSCAPED YARD
• NEAR DOWNTOWN

Property features AI

Finance

• HOA & community: No master association fee required

Exterior

• Parking: Detached garage (2 garage spaces, 2 total parking spaces)
• Utilities: Public water; Public sewer; Cable available
• Home design: Detached single-family home; 2 stories; Fee simple ownership; Built approximately 91–100 years ago; Built before 1978
• Construction: Vinyl siding; Asphalt roof; Block foundation; Unfinished basement (approximately 896 sq ft)
• Exterior features: Patio; Level lot; Lot dimensions approximately 150 x 68

Interior

• Kitchen: Eating area / table space; Dishwasher; Range; Range hood
• Bedrooms: 4 bedrooms (Master on main); Bedroom on main (10 x 13, carpet); Bedroom on second level (6 x 21, carpet); Bedroom on second level (9 x 17, carpet); Master bedroom on main (11 x 15, carpet)
• Flooring: Carpet in bedrooms; Vinyl in kitchen and living room
• Bathrooms: 2 full bathrooms; 1 half bathroom
• Heating & cooling: Forced air heating (natural gas); Central air conditioning
• Interior features: 6 total rooms; Unfinished partial basement with egress window
• Laundry & utility: Laundry room; Gas water heater

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath multifamily listed at $259k.

Deal economics

• At list price, monthly cash flow is $2k ($19k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $259k).
• Recommended offer: $255k (1.5% below list) — sets the bar for market timing.
• Cap rate 13.8% vs local median 4.6% in Le Claire — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 74/100 on livability (#256 in IA, #4,947 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, housing A+; Watch: amenities F, commute F, health & safety F.
• Pleasant Valley Community School District (suburban): math 87% / reading 85% proficiency, ranked #5 of 289 in IA (top 2%) — strong family-tenant draw, lease renewals of 3-5y typical; only 8% free/reduced lunch — higher-income household profile.
• Market conditions: 80 active listings in the ZIP; 805 units permitted in Scott County in 2024 (479 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
• Scott County population projected at +19% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $73k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 27 days — a 2% lower offer ($255k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 4y ago; this cycle's ask is 13532% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $255,115 (1.5% below list)

Questions for the listing agent

1. Built in 1930 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.65% ✓
• Cap rate: 13.80%
• Cash-on-cash: 26.83%
• DSCR: 2.19
• GRM: 5.1

CMA / ARV

• ARV (median comp): $328,321
• List price: $259,000
• Delta: -21.11%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 20.7%
• Equity multiple: 1.85×
• Total profit: $61,331
• Equity at exit: $38,618

10-year hold

• IRR: 28.9%
• Equity multiple: 3.57×
• Total profit: $186,524
• Equity at exit: $22,394

Cash invested: $72,520 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Iowa: 83 Strongly Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; mostly landlord-friendly statewide.

Methodology + full state rankings →

ZIP-level market 52753

• Home prices YoY: -31.0%
• Active inventory: 80
• Price-to-rent: 10.1×

Monthly cashflow live

• Estimated rent: $4,262 medium
• Mortgage (P&I): −$1,358
• Tax from tax record: −$280 /mo · $3,354/yr
• Insurance: −$108
• HOA: −$0
• Vacancy / Maint / Mgmt: −$895
• Net cashflow: $1,621

Break-even live

Break-even rent $2,210

Max offer price $259,000

Occupancy floor 57%

Sensitivity live

Price	-10% $1,768	-5% $1,695	+0% $1,621	+5% $1,548	+10% $1,475
Rent	-10% $1,285	-5% $1,453	+0% $1,621	+5% $1,790	+10% $1,958
Rate	-1.0pp $1,752	-0.5pp $1,687	base $1,621	+0.5pp $1,554	+1.0pp $1,486

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$4,262
Total (2 units)			$4,262

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $64,750
• Closing costs: $7,770
• Reserves months: —
• Total cash needed: —

Listing history 29 events

1. 2026-06-09
   days on market $259,000 Active 27 DOM
2. 2026-06-08
   days on market $259,000 Active 26 DOM
3. 2026-06-07
   days on market $259,000 Active 25 DOM
4. 2026-06-05
   days on market $259,000 Active 22 DOM
5. 2026-06-03
   days on market $259,000 Active 21 DOM
6. 2026-06-02
   days on market $259,000 Active 20 DOM
7. 2026-06-01
   days on market $259,000 Active 19 DOM
8. 2026-05-31
   days on market $259,000 Active 18 DOM
9. 2026-05-30
   days on market $259,000 Active 17 DOM
10. 2026-05-13
    historical
11. 2026-05-12
    listed $259,000 Active 1253-char remark
12. 2026-05-02
    listed $1,900
13. 2026-04-22
    historical
14. 2026-01-18
    status Active
15. 2026-01-14
    historical
16. 2026-01-08
    status Active
17. 2026-01-06
    historical
18. 2026-01-05
    historical
19. 2025-12-17
    historical
20. 2025-11-21
    listed Active
21. 2025-11-20
    historical
22. 2025-09-11
    listed Active
23. 2023-02-06
    soldstatus $230,000
24. 2023-01-27
    soldstatus $229,900
25. 2023-01-27
    soldstatus $229,900 Closed
26. 2022-12-19
    historical Under Contract
27. 2022-12-08
    listed $229,900
28. 2022-12-08
    listed $229,900 Active
29. 2020-10-12
    soldstatus $65,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IA · Partial reset (capped growth)

• Current annual tax: $3,354 · $280/mo
• Projected year-2 tax: $3,710 · $309/mo
• Expected delta: +$356/yr (+$30/mo · 10.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥104°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $51,144
• − Mortgage interest: −$14,508
• − Property taxes: −$3,354
• − Insurance: −$1,295
• − Repairs & maintenance: −$4,092
• − Management: −$4,092
• − Depreciation: −$7,535
• Taxable income: $16,269
• Est. tax owed @ 24.0%: −$3,905
• After-tax cash flow: $15,551/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Pleasant Valley Community School District
• NCES district ID: 1923110
• Math proficiency: 87% ▼ -4.00%
• Reading proficiency: 85% ▼ -2.00%
• Median HH income: $80,716
• Composite: 75.59/100
• National rank: #130
• State rank: #5 of 289 in IA

Livability — Le Claire

• Score: 74/100
• State rank: #256
• US rank: #4947

Category grades

Amenities F Commute F Cost of living A Crime A+ Employment A Housing A+ Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Le Claire, IA
• Population (ZIP): 6,111

Population outlook (Scott County) Hauer SSP2

• Today (2025): 188,878 people
• By 2030: 196,648 · +4.1%
• By 2040: 210,860 · +11.6%
• By 2050: 224,359 · +18.8%
• By 2075: 258,884 · +37.1%
• By 2100: 286,447 · +51.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 5% Asian 2% Hispanic / Latino 1%
• Common ancestry: Serbian 3% Italian 3% Slovak 2%
• Foreign-born: 0% · Canada
• Languages at home: 99% English-only · Spanish 1%

Political lean MEDSL · Scott

• 2024 margin: Toss-up / Even · D 47.3% · R 51.2% · Other 1.4%
• 2008→2024 swing: -18.4pp toward R · 2008: 14.6pp · 2024: -3.9pp
• All cycles: 2024: R+3.9 2020: D+3.5 2016: D+1.4 2012: D+13.8 2008: D+14.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -91.47%
• Current HPI: 203.798
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.48%
• F500 in state: 4

Industry mix (Fortune 500 HQ in IA)

Industry	F500 HQs	Revenue
▸Financial Services	1	$16B
▸Retail / Convenience	1	$15B

Price history

-97.1% since first listed

22 events — show timeline

• 2026-06-10 Rental Removed $1,900 MRED
• 2026-06-09 Listing Removed — MRED as Distributed by MLS Grid
• 2026-05-13 Listing Removed — MRED as Distributed by MLS Grid
• 2026-05-12 Listed — MRED as Distributed by MLS Grid
• 2026-05-02 Listed for Rent $1,900 MRED
• 2026-04-22 Listing Removed — MRED as Distributed by MLS Grid
• 2026-01-18 Relisted — MRED as Distributed by MLS Grid
• 2026-01-14 Listing Removed — MRED as Distributed by MLS Grid
• 2026-01-08 Relisted — MRED as Distributed by MLS Grid
• 2026-01-06 Listing Removed — RMLSA as Distributed by MLS Grid
• 2026-01-05 Listing Removed — MRED as Distributed by MLS Grid
• 2025-12-17 Listing Removed — MRED as Distributed by MLS Grid
• 2025-11-21 Listed — RMLSA as Distributed by MLS Grid
• 2025-11-20 Listing Removed — RMLSA as Distributed by MLS Grid
• 2025-09-11 Listed — RMLSA as Distributed by MLS Grid
• 2023-02-06 Sold (Public Records) $230,000 Public Records
• 2023-01-27 Sold (MLS) $229,900 RMLSA as Distributed by MLS Grid
• 2023-01-27 Sold (MLS) $229,900 MRED as Distributed by MLS Grid
• 2022-12-19 Contingent — RMLSA as Distributed by MLS Grid
• 2022-12-08 Listed $229,900 RMLSA as Distributed by MLS Grid
• 2022-12-08 Listed $229,900 MRED as Distributed by MLS Grid
• 2020-10-12 Sold (Public Records) $65,000 Public Records

Property tax history

+7.7%/yr

Latest (2025): $3,354 · +1.3% YoY. Source: county tax records.