515 Wallace Avenue, Kalamazoo, MI 49048 (MLS# 26026910)

515 Wallace Avenue, Kalamazoo, MI 49048

New Listing

$179,900

Property Type: Residential Bedrooms: 3 Baths: 1 Square Footage: 1,157 Lot Size (sq. ft.): 15,246 Status: Active

Current Price: $179,900 List Date: 6/04/2026 Last Modified: 6/05/2026

Overview

Description

515 Wallace is a beautifully renovated 3-bedroom, 1-bath home on a massive city lot. Taken down to the studs and fully renovated in 2021, this property features major upgrades throughout, including a new roof, siding, windows, plumbing, electrical, and furnace. Fresh paint and new flooring were completed in 2026, giving the home a clean, modern feel. The spacious lot offers plenty of outdoor space, while the extensive updates provide peace of mind and move-in-ready convenience. A great opportunity for a homeowner or investor looking for a solid, updated property with long-term value.

Listing Details MLS# 26026910

Location Property Info

County: Kalamazoo
Street #: 515
Street Name: Wallace
Suffix: Avenue
State: MI
Zip Code: 49048
Zip (4): 2042

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 0.35
Lot Square Footage: 15246
Lot Dimensions: 66 x 231
Year Built: 1885
Road Frontage: 66
Garage Y/N: No
Income Property: No
Total Rooms AG: 8
Total Fin SqFt All Levels: 1157
SqFt Above Grade: 1157
Below Grade Unfinished SqFt: 400
Building Total SqFt: 1557
Total Beds Above Grade: 3
Total Bedrooms: 3
Full Baths: Yes
Total Baths: Yes
Main Level Primary: Yes
Stories: 2
School District: Kalamazoo
Association YN: No
Waterfront: No
Basement: Yes
Below Grade Finished SqFt: 0

Tax Info

Tax ID #: 06-14-274-002
Taxable Value: 25482
SEV: 42000
For Tax Year: 2025
Seller's Annual Property Tax: 1898
Tax Year: 2025
Spec Assessment & Type: unknown
Homestead %: 0

Remarks Misc

Directions: E Main Street to Charles Ave to Wallace Ave

Access Feat

Accessibility Features: No

More Information

Upper Rooms

Upper Bedrooms: 2
Upper Level Square Feet: 407
Total Baths Above Grade: Yes

Main Rooms

Main Bedrooms: Yes
Main Full Baths: Yes
Main Level SQFT: 750

Basement Rooms

Total Basement SQFT: 400
Basement Finished SQFT: 0

Location & Property Info

Cross Streets: E Main St and Charles Ave
Property Sub-Type: Single Family Residence
Municipality: Kalamazoo City

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 155.49
Ownership Type: Private Owned

Remarks & Misc

Public Remarks: 515 Wallace is a beautifully renovated 3-bedroom, 1-bath home on a massive city lot. Taken down to the studs and fully renovated in 2021, this property features major upgrades throughout, including a new roof, siding, windows, plumbing, electrical, and furnace. Fresh paint and new flooring were completed in 2026, giving the home a clean, modern feel. The spacious lot offers plenty of outdoor space, while the extensive updates provide peace of mind and move-in-ready convenience. A great opportunity for a homeowner or investor looking for a solid, updated property with long-term value.
Legal: 33244 PHELPS ADDITION S 1/2 OF W 14 R OF E 16 R OF LOT 44

Lot Description

Level: Yes

Street Type

Paved: Yes
Public: Yes

Util Avail at Street

Storm Sewer: Yes

Utilities Attached

Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public: Yes

Terms Available

Cash: Yes
Conventional: Yes
FHA: Yes
MSHDA: Yes
VA Loan: Yes

Mineral Rights

Unknown: Yes

Laundry Features

Main Level: Yes

Exterior Material

Vinyl Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Lower Rooms

Lower Finished SQFT: 0
Total Lower SQFT: 0

Driveway

Gravel: Yes
Unpaved: Yes

Substructure

Full: Yes

Windows

Replacement: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Water Heater

Electric: Yes

Patio and Porch Features

Deck: Yes

Flooring

Carpet: Yes
Vinyl: Yes

Security Features

Smoke Detector(s): Yes

Architectural Style

Bungalow: Yes

Possession

Close Of Escrow: Yes

Property Features

Laundry Features: Main Level Exterior Material: Vinyl Siding Roofing: Composition Windows: Replacement Substructure: Full Lot Description: Level Sewer: Public Sewer Water: Public Utilities Attached: Natural Gas Connected Util Avail at Street: Storm Sewer Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Water Heater: Electric Flooring: Carpet; Vinyl Patio and Porch Features: Deck Security Features: Smoke Detector(s) Architectural Style: Bungalow Driveway: Gravel; Unpaved Street Type: Paved; Public Mineral Rights: Unknown Terms Available: Cash; Conventional; FHA; MSHDA; VA Loan Possession: Close Of Escrow Sale Conditions: None

Listing Office: M2 Real Estate Collective

Listing Agent: Molly Chipouras

Last Updated: June - 05 - 2026

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