1034 S 14th St · Lincoln, NE 68508

$130,000

3 bd · 2.0 ba · 1,355 sqft · Other public records · 166 Days on market

Built 1905 3,049 sqft lot $96/sqft · 34% below area Est $219k · 41% under

---

Why this score? — see what drove the B- 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 +17.9/30.0
• ARV discount +15.0/15.0
• Appreciation +9.7/10.0
• DSCR +5.6/10.0
• 1% rule +4.5/10.0
• Schools +4.4/10.0
• Livability +4.2/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Investor Opportunity in Midtown Lincoln! This two-story property offers a solid foundation for a full renovation project. Featuring a classic front porch, tall ceilings, original woodwork, and a detached garage, the home provides strong bones and flexible potential. The foundation was redone within the past year, and the HVAC, plumbing, and electrical systems are functional. The interior requires a complete cosmetic rehab. Current layout allows for continued use as a duplex or conversion back to a single-family residence. Ideal for experienced investors, flippers, or buyers seeking a full renovation project. Property is being sold AS-IS with no repairs by the seller.

Key facts

• Tall ceilings
• Front porch
• Solid foundation

Tags

• FRONT PORCH
• TALL CEILINGS
• ORIGINAL WOODWORK
• DETACHED GARAGE
• SOLID FOUNDATION
• CURRENT LAYOUT

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $130k.

Deal economics

• At list price, monthly cash flow is $109 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $123k (5.4% below list).
• Recommended offer: $114k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.3% vs local median 3.0% in Lincoln — 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 85/100 on livability (#5 in NE, #545 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: crime D+.
• Lincoln Public Schools (urban): math 50% / reading 53% proficiency, ranked #59 of 111 in NE (top 53%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents rising (+1.7%/yr); 47 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,940 units permitted in Lancaster County in 2024 (895 in 5+ unit buildings).
• At $1,230/mo this rent would consume 47% of the median local household income ($31k/yr) (locally 1882% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $13k of equity ($899 loan paydown + $12k appreciation (9.3% local appreciation)).
• Lancaster County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (9.3% appreciation + 1.7% rent growth), your $36k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 166 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 2y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $68k; list at $130k implies a 91% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1905 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $114,400 (12.0% below list)

Questions for the listing agent

1. It's been on market 166 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1905 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. 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.
8. 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.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.95% ✗
• Cap rate: 7.30%
• Cash-on-cash: 3.58%
• DSCR: 1.16
• GRM: 8.8

CMA / ARV

• ARV (median comp): $218,687
• List price: $130,000
• Delta: -40.55%
• Verdict: UNDERPRICED
• Comps: 17 within 1.0 mi

Projected returns pro-forma

9.31% appreciation · 1.69% rent growth · sell at horizon

5-year hold

• IRR: 25.0%
• Equity multiple: 2.92×
• Total profit: $70,053
• Equity at exit: $110,659

10-year hold

• IRR: 21.8%
• Equity multiple: 6.40×
• Total profit: $196,393
• Equity at exit: $232,090

Cash invested: $36,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 83 Strongly Landlord-Friendly
• State Nebraska: 83 Strongly Landlord-Friendly · R+13
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempted; moderate court pace.

Methodology + full state rankings →

ZIP-level market 68508

• Home prices YoY: 4.1%
• Rents YoY: 1.7%
• Active inventory: 47
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,230 high
• Mortgage (P&I): −$682
• Tax from tax record: −$127 /mo · $1,527/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$258
• Net cashflow: $109

Break-even live

Break-even rent $1,093

Max offer price $130,000

Occupancy floor 86%

Sensitivity live

Price	-10% $182	-5% $145	+0% $109	+5% $72	+10% $35
Rent	-10% $12	-5% $60	+0% $109	+5% $157	+10% $206
Rate	-1.0pp $174	-0.5pp $142	base $109	+0.5pp $75	+1.0pp $41

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1341 D St Unit 1 Lincoln, NE	3.0	1.0	1300	$1,100	$0.85	44d	1	0.07mi
1020 S 13th St Unit 421 Lincoln, NE	2.0	1.0	935	$1,275	$1.36	21d	1	0.07mi
1020 S 13th St Unit 418 Lincoln, NE	2.0	1.0	895	$1,225	$1.37	21d	1	0.07mi
1101 D St Unit A5 Lincoln, NE	2.0	1.5	947	$825	$0.87	21d	1	0.23mi
1422 A St Unit 6 Lincoln, NE	2.0	1.0	933	$895	$0.96	21d	1	0.24mi
1730 B St Apt 2 Lincoln, NE	2.0	1.0	911	$950	$1.04	44d	1	0.32mi
920 E St Lincoln, NE	4.0	2.0	1872	$1,750	$0.93	21d	1	0.37mi
1446 S 11th St Unit 2 Lincoln, NE	2.0	2.0	1100	$1,600	$1.45	44d	1	0.39mi
1618 S 14th St Apt 3 Lincoln, NE	3.0	1.0	1100	$1,350	$1.23	21d	1	0.43mi
1618 S 14th St Apt 2 Lincoln, NE	2.0	1.0	900	$1,200	$1.33	21d	1	0.43mi
1905 G St Unit 1 Lincoln, NE	2.0	2.0	935	$960	$1.03	44d	1	0.43mi
835 A St Lincoln, NE	2.0	2.0	1000	$1,200	$1.20	44d	1	0.51mi
420 S 18th St Lincoln, NE	1.0–3.0	1.0–2.0	996	$1,499	$1.51	14d	8	0.57mi
1900 K St Lincoln, NE	2.0	1.0–2.0	775	$1,630	$2.10	44d	1	0.58mi
300 S 16th St Apt 301 Lincoln, NE	2.0	2.0	950	$1,350	$1.42	21d	1	0.58mi
1735 M St Unit 1737 Lincoln, NE	2.0	1.0	1047	$875	$0.84	14d	1	0.63mi
2209 D St Lincoln, NE	1.0–2.0	1.0	760	$914	$1.20	14d	3	0.64mi
1560 S 20th St Lincoln, NE	2.0	1.0	900	$999	$1.11	21d	1	0.65mi
1736 Euclid Ave Lincoln, NE	2.0	1.0	1120	$850	$0.76	21d	1	0.66mi
1929 Sumner St Lincoln, NE	2.0	2.0	1236	$1,575	$1.27	21d	1	0.66mi
1320 N St Lincoln, NE	2.0	1.0	886	$1,475	$1.66	44d	1	0.67mi
2224 A St #1 Lincoln, NE	2.0	1.0	1150	$1,099	$0.96	44d	1	0.70mi
2335 B St Unit 5 Lincoln, NE	2.0	1.0	920	$875	$0.95	21d	1	0.76mi
126 N 16th St Lincoln, NE	1.0–2.0	1.0–2.0	891	$1,630	$1.83	21d	4	0.79mi
1708 S 6th St Unit 2 Lincoln, NE	4.0	2.0	1444	$1,800	$1.25	14d	1	0.80mi
1550 S 23rd St Lincoln, NE	3.0	1.0	1560	$1,495	$0.96	14d	1	0.81mi
2068 S 18th St Unit 1 Lincoln, NE	3.0	1.0	1048	$1,295	$1.24	44d	1	0.82mi
129 N 10th St Lincoln, NE	2.0–3.0	1.0–2.0	1273	$2,290	$1.80	21d	4	0.87mi
2039 Q St Unit 103 Lincoln, NE	3.0	3.0	1450	$1,695	$1.17	44d	1	1.00mi
2039 Q St Unit 102 Lincoln, NE	3.0	3.0	1450	$1,595	$1.10	44d	1	1.00mi
2612 J St Unit 4 Lincoln, NE	3.0	2.0	1050	$1,235	$1.18	14d	1	1.00mi
2428 S 18th St Lincoln, NE	2.0	1.0	1782	$1,295	$0.73	21d	1	1.04mi
861 S 29th St Unit 865 Lincoln, NE	2.0	1.0	902	$795	$0.88	14d	1	1.16mi
2616 South St Lincoln, NE	4.0	1.0	1734	$1,995	$1.15	44d	1	1.18mi
2608 Q St Unit 2 Lincoln, NE	4.0	2.0	1575	$1,550	$0.98	44d	1	1.29mi
2800 P St Unit 5 Lincoln, NE	2.0	1.0	941	$995	$1.06	14d	1	1.35mi
2457 S 27th St Unit B Lincoln, NE	2.0	1.0	950	$1,450	$1.53	44d	1	1.39mi
2417 Vine St #1 Lincoln, NE	2.0	1.0	900	$875	$0.97	21d	1	1.44mi
2800 R St Unit 2 Lincoln, NE	2.0	2.0	973	$945	$0.97	14d	1	1.45mi
2904 Q St Unit 2906 Lincoln, NE	3.0	1.5	1060	$1,458	$1.38	14d	1	1.45mi

Listing history 22 events

1. 2026-06-18
   days on market $130,000 Active 166 DOM
2. 2026-06-17
   days on market $130,000 Active 165 DOM
3. 2026-06-16
   days on market $130,000 Active 164 DOM
4. 2026-06-15
   days on market $130,000 Active 163 DOM
5. 2026-06-14
   days on market $130,000 Active 161 DOM
6. 2026-06-10
   days on market $130,000 Active 158 DOM
7. 2026-06-09
   days on market $130,000 Active 157 DOM
8. 2026-06-08
   days on market $130,000 Active 156 DOM
9. 2026-06-07
   days on market $130,000 Active 155 DOM
10. 2026-06-05
    days on market $130,000 Active 152 DOM
11. 2026-06-03
    days on market $130,000 Active 151 DOM
12. 2026-06-02
    days on market $130,000 Active 150 DOM
13. 2026-05-31
    days on market $130,000 Active 148 DOM
14. 2026-05-30
    days on market $130,000 Active 147 DOM
15. 2026-01-03
    listed $130,000 New 675-char remark

    Show marketing remark (675 chars)

    Investor Opportunity in Midtown Lincoln! This two-story property offers a solid foundation for a full renovation project. Featuring a classic front porch, tall ceilings, original woodwork, and a detached garage, the home provides strong bones and flexible potential. The foundation was redone within the past year, and the HVAC, plumbing, and electrical systems are functional. The interior requires a complete cosmetic rehab. Current layout allows for continued use as a duplex or conversion back to a single-family residence. Ideal for experienced investors, flippers, or buyers seeking a full renovation project. Property is being sold AS-IS with no repairs by the seller.

16. 2026-01-01
    historical
17. 2025-07-23
    price $140,000
18. 2025-06-22
    listed $150,000 New
19. 2024-06-20
    soldstatus $68,000
20. 2024-06-19
    soldstatus $68,000 Sold
21. 2024-06-07
    status Pending
22. 2024-06-05
    listed $79,000 New

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

Tax reassessment forecast NE · Resets to sale price

• Current annual tax: $1,527 · $127/mo
• Projected year-2 tax: $2,249 · $187/mo
• Expected delta: +$722/yr (+$60/mo · 47.3%)

ⓘ 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 4/10 Moderate 7 d/yr ≥104°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,762
• − Mortgage interest: −$7,282
• − Property taxes: −$1,527
• − Insurance: −$650
• − Repairs & maintenance: −$1,181
• − Management: −$1,181
• − Depreciation: −$3,782
• Taxable loss: −$841
• Est. tax savings @ 24.0%: +$202
• After-tax cash flow: $1,506/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: Lincoln Public Schools
• NCES district ID: 3172840
• Math proficiency: 50% ▼ -6.00%
• Reading proficiency: 53% ▼ -3.00%
• Median HH income: $50,273
• Composite: 44.05/100
• National rank: #2880
• State rank: #59 of 111 in NE

Livability — Lincoln

• Score: 85/100
• State rank: #5
• US rank: #545

Category grades

Amenities A+ Commute A- Cost of living A+ Crime D+ Employment B- Housing A+ Health & safety A+ User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lincoln, NE
• County: Lancaster County · 291,509 people
• City population: 291,509
• Metro: Lincoln, NE
• Population (ZIP): 18,163
• Household income: $31,191
• Rent vs Own: 91.5% rent · 8.5% own
• Severe rent burden: 1882.0

Population outlook (Lancaster County) Hauer SSP2

• Today (2025): 352,806 people
• By 2030: 377,899 · +7.1%
• By 2040: 428,582 · +21.5%
• By 2050: 483,103 · +36.9%
• By 2075: 632,390 · +79.2%
• By 2100: 759,513 · +115.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (74%)
• Race & ethnicity: White 74% Hispanic / Latino 11% Two or more races 7% Asian 6% Black 4%
• Hispanic origin (detail): Mexican 6%
• Common ancestry: Romanian 3% Scotch-Irish 2% Lithuanian 2%
• Foreign-born: 10% · Canada, China, Philippines
• Languages at home: 84% English-only · Spanish 8% Other Asian/Pacific 2% Chinese 2%

Political lean MEDSL · Lancaster

• 2024 margin: Toss-up / Even · D 51.4% · R 47.1% · Other 1.5%
• 2008→2024 swing: -0.7pp no change · 2008: 5.0pp · 2024: 4.3pp
• All cycles: 2024: D+4.3 2020: D+7.8 2016: D+0.1 2012: R+1.0 2008: D+5.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 9.31%
• Current HPI: 238.2553
• Rent YoY: ▲ 1.69%
• Metro: Lincoln, NE
• State GDP YoY: ▲ 0.68%
• F500 in state: 2

Industry mix (Fortune 500 HQ in NE)

Industry	F500 HQs	Revenue
▸Conglomerate	1	$371B

Price history

+64.6% since first listed

8 events — show timeline

• 2026-01-03 Listed $130,000 GPRMLS
• 2026-01-01 Listing Removed — GPRMLS
• 2025-07-23 Price Changed $140,000 GPRMLS
• 2025-06-22 Listed $150,000 GPRMLS
• 2024-06-20 Sold (Public Records) $68,000 Public Records
• 2024-06-19 Sold (MLS) $68,000 GPRMLS
• 2024-06-07 Pending — GPRMLS
• 2024-06-05 Listed $79,000 GPRMLS

Property tax history

+6.3%/yr

Latest (2025): $1,527 · -7.8% YoY. Source: county tax records.