507 & 507-1/2 E Mitchell Ave
Waterloo, IA 50702
West Central
Studio
3,348 sqft (on 0.25 acres)
$195,000
Last Sold: Dec 8, 2025
11% below list $220K
$58/sqft
$195,000
Last Sold: Dec 8, 2025
11% below list $220K
$58/sqft
Studio
3,348 sqft
(on 0.25 acres)
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
Home Highlights
Property Type
Multi-Family
Year Built
1951
Lot Size
0.25 acres
Living Area
3,348 sqft
Price/Sqft
$58/sqft
Parking
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). It is currently off market. The Trulia Estimate is $198,800, with a rent estimate of $1,144/month.
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 |
Last check for updates: about 1 hour 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
Price History for 507 & 507-1/2 E Mitchell Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 12/08/2025 | $195,000 | Sold | Northeast Iowa Regional BOR as distributed by MLS GRID #20255433 |
| 11/19/2025 | $219,900 | Pending | Northeast Iowa Regional BOR as distributed by MLS GRID #20255433 |
| 11/04/2025 | $219,900 | Listed For Sale | Northeast Iowa Regional BOR as distributed by MLS GRID #20255433 |
Market trends in Waterloo
Last updated June 2026
Avg. sale price
$187K
$10.67KMoM
Sale-to-List Price
99.2%
1.3%MoM
Price per sq ft
$126
$4MoM
Available listings
237
16MoM
- Results are loading
Comparable Sales for 507 & 507-1/2 E Mitchell Ave
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 homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKETSara Junaid, Oakridge Real Estate, Northeast Iowa Regional BOR as distributed by MLS GRID
OFF MARKETBlake Zierath, Bill Ramsey, Realtors, Northeast Iowa Regional BOR as distributed by MLS GRID
OFF MARKETAmy Schaefer, RE/MAX Concepts - Cedar Falls, Northeast Iowa Regional BOR as distributed by MLS GRID
SOLDOCT 10, 2025Tad Ritter, RE/MAX Concepts - Cedar Falls, Northeast Iowa Regional BOR as distributed by MLS GRID
SOLDNOV 26, 2025Troy Olson, Oakridge Real Estate, Northeast Iowa Regional BOR as distributed by MLS GRID
SOLDJAN 27, 2026Michael Taylor, Lockard Realty Company, Northeast Iowa Regional BOR as distributed by MLS GRID
OFF MARKETCarissa L Holton, EXP Realty, LLC, Northeast Iowa Regional BOR as distributed by MLS GRID
SOLDOCT 8, 2025Valerie Kolpek, Oakridge Real Estate, Northeast Iowa Regional BOR as distributed by MLS GRID
SOLDNOV 21, 2025Steven Burrell, Structure Real Estate, Northeast Iowa Regional BOR as distributed by MLS GRID
OFF MARKETColleen Tierney, RE/MAX Concepts - Cedar Falls, Northeast Iowa Regional BOR as distributed by MLS GRID
OFF MARKETTina Geweke, RE/MAX Concepts - Cedar Falls, Northeast Iowa Regional BOR as distributed by MLS GRID
Assigned Schools
These are the assigned schools for 507 & 507-1/2 E Mitchell Ave.
- Hoover Middle School
- 6-8
- Public
- 863 Students
6/10GreatSchools RatingParent Rating Averagethis school is horrid, in my opinion. all of the students act like wild animals and are not very intelligent, i feel so unmotivated to learn, a lot of the staff are quite rude, and they don't do anything about situations. my friends little brother was getting beat up by the 6th graders and the school officer there said that they were "play fighting", when it was obvious that he was screaming in agony. a lot of teachers aren't very supportive and very rude, especially with kids who have adhd or slight autism. the school is also disgusting, which i understand for it is very old, but they don't bother to clean it. two of the stall walls in the 7th grade bathroom were ripped off by the kids there and it took about 2 weeks for them to put one back up. overall, my experience here has been a nightmare, with all the disgusting children with no manners, self respect, or personal space.Student Review8mo ago - Kittrell Elementary School
- PK-5
- Public
- 523 Students
6/10GreatSchools RatingParent Rating AverageAwful. We moved here from a larger town but the move to this school has been worse than I could imagine. My kid is going to private school next year. Do not send your children here.Parent Review7y ago - West High School
- 9-12
- Public
- 1572 Students
3/10GreatSchools RatingParent Rating AverageBorn and raised in Waterloo, Currently 21. Went to Kittrell, Orange, Hoover middle, West High, Hawkeye CC, and currently University of Northern Iowa. West High school will more than prepare your child for their future. They offer a excellent education in whatever your child may seek interest in, as well as superb sports teams. They as well have a detached Career Center building where your child can earn college credits and save money in the process. Teachers are amazing and your child will love it. As my classmates and i did. Police officers keep the peace, multiple counselors and Principals so your children will always be heard. AP classes and more available.Other Review3y ago 
Check out schools near 507 & 507-1/2 E Mitchell Ave.
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
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Homes for sale near 507 & 507-1/2 E Mitchell Ave
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SOLDJUL 24, 2026Bethany Benner, Oakridge Real Estate, Northeast Iowa Regional BOR as distributed by MLS GRID- See more homes for sale inWaterloo
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 2026-07-29 23:17:28 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 2026-07-29 23:17:28 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