507 & 507-1/2 E  Mitchell Ave, Waterloo, IA 50702
Property image
Property image
SOLD
DEC 8, 2025

$200,000

Trulia Estimate
  • Studio
  • 3,348 sqft (on 0.25 acres)

507 & 507-1/2 E Mitchell Ave, Waterloo, IA 50702

West Central
Currently Off Market - Sold Dec 8, 2025 for $195,000 (11% below list price)

Home Value

Trulia Estimate
$200K
Since 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
MonthEstimated 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

  • Map ViewExplore the area around 507 & 507-1/2 E Mitchell Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

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

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 14

Property Information

Year Built
Year Built: 1951
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex
Building
Construction Materials: Aluminum Siding
Property Information
Parcel Number: 891335179008

Price & Status

Price
List Price: $219,900Price Per Sqft: $58/sqft
Status Change & Dates
Off Market Date: Tue Nov 18 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: Waterloo
School Information
Elementary School: Kittrell ElementaryJr High / Middle School: Hoover IntermediateHigh School: West High

Building

Building Area
Building Area: 3348 Square Feet

Lot Information

Lot Area: 10800 sqft

Listing Info

Special Conditions: Standard

Business

Expense
Tenant Pays: Grounds Care, Snow Removal

Miscellaneous

BasementMls Number: 20255433Above Grade Unfinished Area: 1116

Price and Tax history

DateEventPrice
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
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

Neighborhood Overview

Neighborhood stats provided by third party data sources.

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

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

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.

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