253 Prospect Ave, Waterloo, IA 50703
Property image
Property image
FOR SALE
0.47 ACRES

$125,000

  • 4 Beds
  • 0.5 Baths
  • 2,918 sqft (on 0.47 acres)

253 Prospect Ave, Waterloo, IA 50703

Highland
We estimate this home will sell faster than 92% nearby.

Home Highlights

Single-Family Home
Built in 1915
0.47 acre lot
$43/sqft
Garage
HOA $50/mo

Local Information

  • Map ViewExplore the area around 253 Prospect Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome to this spacious 4 bedroom, 1.5 bath home located in Waterloo’s desirable Highland District. With 2,918 square feet of living space, this home offers plenty of room to spread out, entertain, and make it your own. If you are looking for a great investment to build equity in you will want to take a look! The generous floor plan provides multiple living areas and ample space for bedrooms, a home office, hobbies, or additional living needs. With four bedrooms and one full and one half bathroom, the home offers both functionality and flexibility for families or those looking for extra space. Located in the established Highland District, you’ll enjoy convenient access to Waterloo amenities, schools, parks, shopping, dining, and major roadways. Property Highlights: 4 bedrooms 1.5 bathrooms 2,918 sq. ft. of living space Located in Waterloo’s Highland District Spacious, flexible floor plan Great opportunity to make the home your own Come see the space and potential this Highland District home has to offer!
Last check for updates: about 22 hours ago
Listing courtesy of Chase Lyons, (319) 939-7334
Oakridge Real Estate
Source: Northeast Iowa Regional BOR as distributed by MLS GRID, MLS#20263990
We estimate this home will sell faster than 92% nearby.

Home Details for 253 Prospect Ave

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 3
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 2918 Square Feet
Heating & Cooling
Heating: RadiantNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Radiant
Fireplace & Spa
Fireplace: NoneNo Fireplace

Exterior Features

Exterior Home Features
Roof: Shingle
Parking & Garage
Number of Carport Spaces: 2Number of Covered Spaces: 2GarageParking Spaces: 2Parking: Carport,Detached Garage
Frontage
Road Surface Type: Concrete
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 6Days on Market: 24

Property Information

Year Built
Year Built: 1915
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: StuccoNo Additional Parcels
Property Information
Parcel Number: 891219376012

Price & Status

Price
List Price: $125,000Price Per Sqft: $43

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: WaterlooCommunity: HIGHLAND 2ND FILING
School Information
Elementary School: Highland ElementaryJr High / Middle School: George Washington Carver AcademyHigh School: East High

Agent Information

Listing Agent
Listing ID: 20263990

HOA

Has an HOAHOA Fee: $50/Monthly

Lot Information

Lot Area: 0.47 acres

Listing Info

Special Conditions: Standard

Miscellaneous

BasementMls Number: 20263990

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Highland

At least 4 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 100 % Say car is needed

  • 100 % Say it's dog friendly

  • 100 % Say there are sidewalks

  • 83 % Say yards are well-kept

  • 75 % Say it's quiet

  • 75 % Say kids play outside

  • 71 % Say streets are well-lit

  • 63 % Say there's holiday spirit

  • 50 % Say neighbors are friendly

  • 50 % Say there's wildlife

  • 29 % Say they plan to stay for at least 5 years

  • 22 % Say people would walk alone at night

  • 20 % Say there are community events

  • 17 % Say it's walkable to restaurants

  • 17 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.

Market trends in Waterloo

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$188K
$6K
MoM
Sale-to-List Price
99.0%
0.1%
MoM
Price per sq ft
$122
$3
MoM
Available listings
257
15
MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Single-Family Home
$255,000
10/10/25
3
1.5
2,252
0.16
Single-Family Home
$169,900
04/23/26
4
2
2,664
0.12
Single-Family Home
$115,000
05/22/26
3
2
1,200
0.43
Single-Family Home
$171,500
10/24/25
3
1.5
1,379
0.18
Single-Family Home
$138,000
05/29/26
3
3
1,480
0.31
Single-Family Home
$133,665
03/16/26
3
1
1,500
0.23
Single-Family Home
$100,000
07/31/26
3
1.5
1,023

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.08
$101,100
2
1
728
Off Market
0.08
$139,400
3
1
1,984
Off Market
0.08
$149,500
3
1
1,350
Off Market
0.11
$113,600
3
1
988
Off Market
0.12
$115,000
3
2
1,200
Recently Sold
0.10
$262,500
3
1.5
2,252
Off Market
0.16
$169,900
4
2
2,664
Recently Sold
0.17
$126,100
2
2
1,006
Off Market
0.18
$164,900
3
2.5
1,948
Off Market
0.18
$138,000
3
3
1,480
Recently Sold
0.19
$154,400
2
1
1,392
Off Market

Price and Tax history

DateEventPrice
Aug 22, 2026
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20263990
Listed For Sale
$125,000
Nov 24, 2025
Source: N/A
Sold
$93,659

LGBTQ Local Legal Protections

Chase Lyons, Oakridge Real Estate
Agent Phone: (319) 939-7334
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Based on information submitted to the MLS GRID as of 2026-09-14 11:57:44 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

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Frequently asked questions about 253 Prospect Ave

  • What is the estimated monthly payment for 253 Prospect Ave?
    Based on a $125,000 list price with 20% down at today's rates, the estimated monthly payment for 253 Prospect Ave in Waterloo, IA is approximately $902 (about $682 principal & interest, $145 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 253 Prospect Ave compare to homes in Waterloo?
    253 Prospect Ave in Waterloo, IA is listed at $125,000, about 34% below the $188K median sale price in Waterloo.
  • What are the closest schools to 253 Prospect Ave?
    The closest schools to 253 Prospect Ave in Waterloo, IA are East High School (rated 2/10), George Washington Carver Academy (Middle, rated 2/10), Highland Elementary School (Pre-K, rated 5/10).
  • How big is the lot at 253 Prospect Ave?
    The lot at 253 Prospect Ave in Waterloo, IA is about 0.47 acres (20,473 sq ft).
  • Does 253 Prospect Ave have a garage?
    Yes, 253 Prospect Ave in Waterloo, IA has a garage.
253 Prospect Ave, Waterloo, IA 50703 is a 4 bedroom, 2 bathroom, 2,918 sqft single-family home built in 1915. 253 Prospect Ave is located in Highland, Waterloo. This property is currently available for sale and was listed by Northeast Iowa Regional BOR as distributed by MLS GRID on Aug 22, 2026. The MLS # for this home is MLS# 20263990.