515 Wallace Avenue Kalamazoo, MI ^$ 179,900

515 Wallace Avenue

^$ 179,900

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Recently Listed

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.

Single Family Active

Price

^$ 179,900

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 1,898

Style

Lot Size

0.35

Year Built

1885

Town/City

Kalamazoo

County/Region

Kalamazoo

MLS | Web ID

70536595

Features

General

Heating Forced Air

Water Public Water

Appliances Dishwasher Dryer Range/Oven Refrigerator Washer

Status Active Active

Full Baths 1

Half Baths 0

Bathrooms 1

Year Built 1885

Water Heater Electric

County Kalamazoo

Class RESIDENTIAL

Type Single Family

Municipality Kalamazoo

New Construction Y/N No

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Structure Style 2 Story

Area Kalamazoo (39022)

Primary City Kalamazoo

Directions E Main Street to Charles Ave to Wallace Ave

City Kalamazoo

School District Kalamazoo Public School District

Financial Terms Cash Conventional FHA VA MIStateHsDevAuthority

Legal Description 33244 PHELPS ADDITION S 1/2 OF W 14 R OF E 16 R OF LOT 44

DOM 0

Postal Code 49048

Price Per Sq Ft Total AG 155.49

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

Exterior

Exterior Vinyl Siding

Frontage 66

Lot Size Area 0.35

Pool (Y/N) No

Lot Dimensions 66 x 231

Roads City/County Paved Street

Waterfront Y/N No

Interior

Beds 3

Total Rooms 8

* Excluded Features

List By

Molly Chipouras

Listing Agent

M2 Real Estate Collective

Broker

molly@them2way.com

Affordability Calculator

$1,266

Per Month

Monthly Principal & Interest: $1,108
Monthly Property Taxes: $158
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Single family listings in Kalamazoo, MI

Average List Price ^$353,076

Percent of Sale Price 96%

About Kalamazoo, MI

75,079 Population

-3% Since 2002

^$36,632 Median Income

29.48 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2662308 Elementary School

2662311 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/4/2026	$179,900		Listed Price

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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

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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515 Wallace Avenue

Single Family Home for sale in Kalamazoo, MI

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