537 McShane Ave, Waterloo, IA 50703
Property image
Property image
OFF MARKET

537 McShane Ave
Waterloo, IA 50703

  • 2 Beds
  • 1 Bath
  • 1,509 sqft

$186,100

Trulia Estimate
as of Jul 7, 2026

$186,100

Trulia Estimate
as of Jul 7, 2026
2 Beds
1 Bath
1,509 sqft

Local Information

  • Map ViewExplore the area around 537 McShane Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

This delightful 2-bedroom, 1-bathroom home offers a perfect blend of comfort and convenience. With a total over 1,000 square feet on the main level, and 500 square feet finished in the lower level, this home has been lovingly maintained and upgraded. As you step inside, you'll be greeted by a warm and inviting main floor that boasts numerous updates. The spacious main bedroom provides a peaceful retreat, while the remodeled bathroom adds a touch of modern elegance to your daily routine. The lower level offers a great space to be used as a second living room or additional bedroom, as well as an additional non-conforming bedroom, perfect for guests, an office, or a hobby room. It's a versatile space that adapts to your needs. Outside, you'll find a detached two-stall garage, providing ample space for parking and storage. Whether you have multiple vehicles or need room for projects, this garage has you covered. The location is ideal, with easy access to local amenities, parks, and hospital. It's a wonderful opportunity for first-time buyers, downsizers, or anyone seeking a cozy and updated home in a convenient location. Don't miss your chance to make this charming property your own. Schedule a showing today and discover all the possibilities that await you at 537 McShane Ave.
537 McShane Ave, Waterloo, IA 50703 is a 2 bedroom, 1 bathroom, 1,509 sqft single-family home built in 1960. It last sold for $173,000 on Nov 17, 2023 (2% above the $169,900 asking price). It is currently off market. The Trulia Estimate is $186,100, with a rent estimate of $1,057/month.

Home Highlights

Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 537 McShane Ave

Interior Features

Interior Details
Basement: ConcreteNumber of Rooms: 7Types of Rooms: Dining Room, Family Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1509 Square Feet
Appliances & Utilities
Appliances: Appliances Negotiable, Dishwasher, Dryer, Disposal, Microwave, Refrigerator, Washer, Gas Water HeaterDishwasherDisposalDryerLaundry: Lower LevelMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: NoneNo Fireplace
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: Shingle AsphaltPatio / Porch: Patio
Parking & Garage
Number of Carport Spaces: 2Number of Covered Spaces: 2GarageParking Spaces: 2Parking: 2 Stall,Detached Garage
Frontage
Road Surface Type: Concrete
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (below surface): 500 Square Feet

Days on Market

Cumulative Days on Market: 2

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Vinyl SidingNo Additional Parcels
Property Information
Parcel Number: 891310481006

Price & Status

Price
List Price: $169,900
Status Change & Dates
Off Market Date: Fri Oct 06 2023

Active Status

MLS Status: Closed

Location

Direction & Address
City: Waterloo
School Information
Elementary School: Lincoln Elementary WaterlooJr High / Middle School: George Washington Carver AcademyHigh School: East High

Lot Information

Lot Area: 8276.4 sqft

Listing Info

Special Conditions: Standard

Miscellaneous

BasementMls Number: 20234212
Last check for updates: about 4 hours ago
Listed by Justin Reuter, (319) 939-5112
Oakridge Real Estate
Bought with: Kristi Tibben, (319) 234-1731, Structure Real Estate
Source: Northeast Iowa Regional BOR as distributed by MLS GRID, MLS#20234212

Price History for 537 McShane Ave

DatePriceEventSource
11/17/2023$173,000Sold
Northeast Iowa Regional BOR as distributed by MLS GRID #20234212
10/06/2023$169,900PendingNortheast Iowa Regional BOR as distributed by MLS GRID #20234212
10/04/2023$169,900Listed For SaleNortheast Iowa Regional BOR as distributed by MLS GRID #20234212
02/25/2022$155,000Sold
Northeast Iowa Regional BOR as distributed by MLS GRID #20220069
01/08/2022$149,950PendingNortheast Iowa Regional BOR as distributed by MLS GRID #20220069
01/05/2022$149,950Listed For SaleNortheast Iowa Regional BOR as distributed by MLS GRID #20220069
08/31/2015$105,500Sold
N/A
06/16/2015$109,900PriceChange
Agent Provided
06/09/2015$114,950PriceChange
Agent Provided
05/20/2015$109,500PriceChange
Agent Provided
05/05/2015$114,950Listed For SaleAgent Provided

Market trends in Waterloo

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$176K
$20.75KMoM
Sale-to-List Price
97.9%
0.3%MoM
Price per sq ft
$121
$9MoM
Available listings
221
11MoM
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Property Tax and Assessment

Year2025
Tax$3,039
Assessment$136,290
Home facts updated by county records

Comparable Sales for 537 McShane Ave

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
502 McShane Ave, Waterloo, IA
0.06
Single-Family Home
$145,000
02/26/26
2
1
1,583
555 Helmet Ave, Waterloo, IA
0.07
Single-Family Home
$160,000
05/22/26
3
1
1,032
742 Cloverdale Ave, Waterloo, IA
0.26
Single-Family Home
$155,000
12/12/25
3
1
1,404
811 Cloverdale Ave, Waterloo, IA
0.33
Single-Family Home
$164,000
08/15/25
3
2
1,965
1416 Northey St, Waterloo, IA
0.43
Single-Family Home
$145,000
06/11/26
3
1
1,360
245 Normandy St, Waterloo, IA
0.45
Single-Family Home
$140,000
07/06/26
2
1
912
257 Fairfield St, Waterloo, IA
0.50
Single-Family Home
$149,451
06/22/26
3
1
1,143
740 Hall Ave, Waterloo, IA
0.30
Single-Family Home
$86,000
09/05/25
2
1.5
1,832
1543 Wakonda Dr, Waterloo, IA
0.54
Single-Family Home
$154,000
04/10/26
3
1
1,481
1204 Longfellow Ave, Waterloo, IA
0.21
Single-Family Home
$148,500
05/29/26
2
1
844

Nearby homes

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Assigned Schools

These are the assigned schools for 537 McShane Ave.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Waterloo

At least 264 Trulia users voted on each feature.

  • 89 % Say car is needed

  • 83 % Say yards are well-kept

  • 80 % Say parking is easy

  • 77 % Say it's dog friendly

  • 70 % Say there's holiday spirit

  • 66 % Say kids play outside

  • 64 % Say there are sidewalks

  • 48 % Say it's quiet

  • 47 % Say neighbors are friendly

  • 47 % Say people would walk alone at night

  • 44 % Say streets are well-lit

  • 43 % Say there's wildlife

  • 42 % Say they plan to stay for at least 5 years

  • 33 % Say it's walkable to grocery stores

  • 29 % Say it's walkable to restaurants

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Misslindsayb
    "Centrally located, traffic can be heavy/frustrating. You can make good time if you hit the stoplights just right, which is hard to do most days. "
    0
    Flag
  • Susanward13
    "Consider this a safe neighborhood and there are lots of kids living here. A policeman lives on the street."
    0
    Flag
  • Jovanti Rucker
    "It is very busy most of the time the light are a headache. They’re a lot of lights to go through to get to where I need to go."
    0
    Flag
  • Dontreal3
    "It’s ok. It’s not the worst but it’s also not the best. "
    0
    Flag
  • Trulia User
    "Peacefully quiet neighborhood. neighbors keep to themselves mostly. Alot of dogs throughout the whole area, which is nice to know, it's a pet friendly area to live in. "
    4
    Flag
  • Trulia User
    "I’ve lived here for years mostly everybody that lives in the neighborhood is really nice & friendly but I live with my dad & trying to find my own apartment right now. "
    4
    Flag
  • Susan.wirtjes
    "This is a safe and friendly neighborhood. Kids play outside. We are close to good schools. Shopping is close by. "
    8
    Flag
  • Dominique K. .
    " The community is really good if you get into people like that. There is not a lot to do around here unless you have money. There are a lot of trains around. People have dogs around here a lot and I hear gunshots a lot. I grew up here so I don’t find it very exciting. Most people got to work come home and stay away from each other. "
    1
    Flag
  • Tali S.
    "Very quiet neighborhood other than the occasional car driving by & faint sound of trains. Great neighbors, mostly homeowners with kids & elderly."
    0
    Flag
  • Lache S.
    "... I don’t know I been here only a year and aside from the bad I seen few good most people stay to they self "
    0
    Flag
  • Holly W.
    "schools are over crowded and children are often let slip through the cracks in the education system here "
    1
    Flag
  • Charles A.
    "15 minutes to work. Waterloo is easy to get around and not a lot of traffic .... zzzz xxdrc then. Gyyhbb"
    1
    Flag
  • Lamont S.
    "Lots of retirees here now. Mixed bag for the rest. I had seen several first time owners buying in. Plenty of remodeling and renovations going on now too."
    4
    Flag
  • Trulia User
    "it has some nice people, with sketchy people mixed in. it's too loud with harleys speeding hard through here and people thumping music too loud at all hours. I would not recommend this neighborhood to a young professional person. "
    0
    Flag
  • Kimmy21920
    "Convenient location and traffic is not as congested as the big city. Used to be a great place, but not so much anymore."
    1
    Flag
  • Mkesterson79
    "Listening to gun shots and train whistles at night to fall asleep to. Creates a uniquely unpleasant experience. "
    0
    Flag
  • Trulia User
    "Would love a dog park close by, or even respectful owners who pick up after their dog when they walk them"
    6
    Flag
  • Chris Wright
    "I lived in neighborhood for ten years as a kid, I always love the area, would love to own a house in that again, hope in very near future."
    1
    Flag
  • Mary Sue Adams
    "Safe streets, quality neighbors,clean, near a park,rural feeling- plenty of room between everyone. Lots of family and open spaces, but still near shopping and eats."
    3
    Flag
  • Kathy Cox White Dickerson
    "I moved to this neighborhood last summer and love it. I feel safe and secure,and neighbors are very nice."
    0
    Flag
  • Aley S.
    "Is a small neighborhood and quite and seems like a very lovely place to have a family and there are a lot of kid in the neighborhood "
    2
    Flag
  • Aschot12
    "It's better than north Waterloo for crime and lots of shade trees. It's nice to be near to 4th street for convenience even with traffic noise. "
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

57 pet-friendly rentals in Waterloo, IA

Explore by feature - Garage

39 rentals with a garage in Waterloo, IA

Explore by feature - Air Conditioning

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

10 rentals with an outdoor space in Waterloo, IA

Homes for sale near 537 McShane Ave

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Off Market Homes Near 537 McShane Ave

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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 2026-07-07 11:32:17 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