515 Wallace Avenue Kalamazoo, MI $ 179,900
515 Wallace Avenue
$ 179,900
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515 Wallace Avenue

Kalamazoo, MI, 49048
$ 179,900
Bedrooms3 Baths1.0 Sq 1,157

Monthly Estimate*

$ 1,108

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Single Family Home for sale in Kalamazoo, MI

for $179,900 with 3 bedrooms and 1 full bath. This 1,157 square foot home was built in 1885 on a lot size of 0.35.

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.

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Single Family Pending

Price

$ 179,900

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,898

Style

Single Family Residence

Lot Size

0.35

Year Built

1885

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

26026910

Features
General
Sewer Public
Heating Forced Air
Cooling Central Air
Utilities Natural Gas Connected Storm Sewer
Possession Close Of Escrow
Roof Composition
Appliances Dishwasher Dryer Range Refrigerator Washer
Security Features Smoke Detector(s)
Construction Materials Vinyl Siding
Year Built 1885
Stories Count 2
Township Kalamazoo City
Property Subtype Single Family Residence
Tax Year 2025
Ownership Private Owned
County Kalamazoo
New Construction N
Property Type Residential
Garage Y/N N
Total Rooms 8
Full Baths 1
Status Pending
Directions E Main Street to Charles Ave to Wallace Ave
City Kalamazoo
High School District Kalamazoo
Lot Size Units Acres
Lot Size Square Feet 15246.0
Carport Y/N N
Listing Terms Cash FHA VA Loan MSHDA Conventional
Land Lease Y/N N
Tax Annual Amount 1898.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Rent Control Y/N N
Standard Status Pending
Occupancy Type Vacant
Tax Assessed Value 25482
Legal Description 33244 PHELPS ADDITION S 1/2 OF W 14 R OF E 16 R OF LOT 44
Senior Community None
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Interior
Basement Full
Flooring Carpet Vinyl
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Replacement
Fireplace Y/N N
Half Baths 0
Laundry Features Main Level
Total Bedrooms 3
Below Grade Finished Area 0.0
Main Level Bedrooms 1
Total Baths 1
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Exterior
Lot Features Level
Water Source Public
Lot Size Area 0.35
Spa N
Building Area Total 1157.0
Lot Dimensions 66 x 231
Lot Size Acres 0.35
Road Surface Type Paved
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 515
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* Excluded Features
List By
M2 Real Estate Collective

Broker

molly@them2way.com

Email

Affordability Calculator

$1,266
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,108
Monthly Property Taxes
$158
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
251492 Elementary School
248593 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2026$179,900 Listed Price

Map


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515 Wallace Avenue, Kalamazoo, MI, 49048 is a Single Family Home for sale at $179,900 with 1,157 sqft and a lot size of 0.35. 515 Wallace Avenue has 3 bedrooms, 1.0 baths, and was built in 1885. The property's zip code is 49048 which is in Kalamazoo, MI