$200,000
- Studio
- 3,348 sqft (on 0.25 acres)
507 & 507-1/2 E Mitchell Ave, Waterloo, IA 50702
Currently Off Market - Sold Dec 8, 2025 for $195,000 (11% below list price)
Home Value
Trulia Estimate
$200KSince last month
Increased$2K (+0.8%)Since last year
Decreased$11K (-5.2%)Since last sale
Increased$6K (+3.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -5% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $201K |
| August 2026 | $200K |
| July 2026 | $200K |
| June 2026 | $196K |
| May 2026 | $195K |
| April 2026 | $194K |
| March 2026 | $194K |
| February 2026 | $194K |
| January 2026 | $195K |
2025 | |
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 |
|---|---|---|---|---|---|---|---|
0.17 | Multi-Family Home | $151,733 | 07/24/26 | 8 | - | 3,000 | |
0.08 | Multi-Family Home | $130,000 | 01/27/26 | - | 1,280 | ||
0.60 | Multi-Family Home | $196,000 | 02/28/26 | - | 2,088 | ||
0.54 | Multi-Family Home | $269,900 | 05/01/26 | - | 2,332 | ||
0.56 | Multi-Family Home | $310,000 | 04/08/26 | - | 8,160 | ||
0.78 | Multi-Family Home | $194,900 | 06/26/26 | 4 | 2 | 1,799 |
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 |
|---|---|---|---|---|---|---|
0.05 | $222,000 | 3 | 1.5 | 1,522 | Off Market | |
0.05 | $206,100 | Studio | - | 3,264 | Off Market | |
0.05 | $247,400 | 4 | 2.5 | 2,278 | Off Market | |
0.07 | $172,100 | 3 | 1.5 | 1,042 | Off Market | |
0.09 | $190,000 | 4 | 2 | 1,748 | Recently Sold | |
0.08 | $130,000 | Studio | - | 1,280 | Recently Sold | |
0.09 | $173,900 | 3 | 2 | 1,350 | Off Market | |
0.09 | $257,600 | 2 | 2 | 1,671 | Off Market | |
0.09 | $298,000 | 5 | 5 | 4,922 | Recently Sold | |
0.11 | $270,700 | 2 | 2 | 1,671 | Off Market | |
0.11 | $221,800 | 3 | 1.5 | 1,576 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1951
0.25 acre lot
3,348 sqft
$58/sqft
Garage
About this House
Fantastic investment opportunity! Situated in a great location, this family owned property built as a duplex offers separate utilities, two bedrooms, one bathroom, and great living space. The lower level includes a laundry area. A detached two stall garage provides each unit with one garage stall. With lots of recent updates including the roof, furnace, and air, this opportunity is one you won't want to miss! Schedule a showing today!
507 & 507-1/2 E Mitchell Ave, Waterloo, IA 50702 is a studio, 3,348 sqft multi-family in West Central, built in 1951. It last sold for $195,000 on Dec 8, 2025 (11% below the $219,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $200,000, with a rent estimate of $1,132/month.
Last check for updates: about 13 hours ago
Listed by Amy Wienands, (319) 269-2477
AWRE, EXP Realty, LLC
Bought with: Elma Salkic, (319) 830-7840, AWRE, EXP Realty, LLC
Source: Northeast Iowa Regional BOR as distributed by MLS GRID, MLS#20255433

Home Details for 507 & 507-1/2 E Mitchell Ave
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Interior Details Basement: Concrete |
Dimensions and Layout Living Area: 3348 Square Feet |
Appliances & Utilities Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Water - Multiple MetersLaundry: Lower Level |
Heating & Cooling Has CoolingAir Conditioning: Central Air |
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Exterior Home Features Roof: Asphalt |
Parking & Garage Open Parking Spaces: 2GarageHas Open ParkingParking Spaces: 2Parking: Garage,Detached |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1116 Square FeetFinished Area (below surface): 1116 Square Feet |
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Cumulative Days on Market: 14 |
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Year Built Year Built: 1951 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex |
Building Construction Materials: Aluminum Siding |
Property Information Parcel Number: 891335179008 |
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Price List Price: $219,900Price Per Sqft: $58/sqft |
Status Change & Dates Off Market Date: Tue Nov 18 2025 |
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MLS Status: Closed |
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Direction & Address City: Waterloo |
School Information Elementary School: Kittrell ElementaryJr High / Middle School: Hoover IntermediateHigh School: West High |
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Building Area Building Area: 3348 Square Feet |
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Lot Area: 10800 sqft |
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Special Conditions: Standard |
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Expense Tenant Pays: Grounds Care, Snow Removal |
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BasementMls Number: 20255433Above Grade Unfinished Area: 1116 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 8, 2025 Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20255433 | Sold | $195,000 |
Nov 19, 2025 Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20255433 | Pending | $219,900 |
Nov 4, 2025 Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20255433 | Listed For Sale | $219,900 |
Market trends in Waterloo
Last updated August 2026
Avg. sale price
$188K
$6KMoM
Sale-to-List Price
99.0%
0.1%MoM
Price per sq ft
$122
$3MoM
Available listings
257
15MoM
Around this home
What Locals Say about West Central
At least 2 Trulia users voted on each feature.
100 % Say car is needed
100 % Say there's holiday spirit
100 % Say it's dog friendly
100 % Say parking is easy
83 % Say yards are well-kept
75 % Say it's walkable to grocery stores
67 % Say kids play outside
67 % Say people would walk alone at night
67 % Say they plan to stay for at least 5 years
67 % Say there are sidewalks
60 % Say there are community events
59 % Say neighbors are friendly
50 % Say it's walkable to restaurants
25 % Say streets are well-lit
25 % Say it's quiet
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

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 2026-09-15 00:22:27 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
Based on information submitted to the MLS GRID as of 2026-09-15 00:22:27 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
Frequently asked questions about 507 & 507-1/2 E Mitchell Ave
- What is 507 & 507-1/2 E Mitchell Ave estimated to be worth?Trulia's estimated value for 507 & 507-1/2 E Mitchell Ave in Waterloo, IA is $200,000.
- What is the price history for 507 & 507-1/2 E Mitchell Ave?507 & 507-1/2 E Mitchell Ave in Waterloo, IA last sold for $195,000 in December 2025.
- Is Waterloo a buyer's or seller's market?Waterloo is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Waterloo?The median sale price in Waterloo is $188K. That is down $6K from the prior month.
- Does 507 & 507-1/2 E Mitchell Ave have air conditioning?Yes, 507 & 507-1/2 E Mitchell Ave in Waterloo, IA has air conditioning.
- Does 507 & 507-1/2 E Mitchell Ave have laundry facilities?Yes, 507 & 507-1/2 E Mitchell Ave in Waterloo, IA has laundry facilities.

