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$179,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,157 Sq. Ft.
  • Updated 11 hours ago
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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.

Full Property Details for 515 Wallace Ave

General

  • Price: $179,900
  • Taxes: $1,898
  • Status: Active
  • Type: Single Family
  • Source: SWMRIC_MLS
  • MLS ID: 26026910
  • Updated: 6/4/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 8
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Main Level

Location

  • County: Kalamazoo
  • Cross Streets: E Main St and Charles Ave
  • Driving Directions: E Main Street to Charles Ave to Wallace Ave

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Utilities

  • Sewer: Public
  • Water: Public
  • Utility Description: Natural Gas Connected, Storm Sewer

Structural Information

  • Construction: Vinyl Siding
  • Basement: Yes
  • Roof: Composition
  • Windows: Replacement
  • Stories/Levels: 2
  • Square Feet: 1,157
  • Living Area: 1,157 Sq. Ft.
  • Year Built: 1885

Lot Features

  • Lot Size (Acres): 0.35
  • Lot Size (Sq. Ft.): 15,246
  • Lot Dimensions: 66 x 231
  • Frontage: Paved
  • Lot Features: Level

Financial Considerations

  • Tax Amount: $1,898
  • Terms: Cash, FHA, VA Loan, MSHDA, Conventional

Disclosures and Reports

  • Legal Description: 33244 PHELPS ADDITION S 1/2 OF W 14 R OF E 16 R OF LOT 44
  • Property ID: 06-14-274-002

Listed by M2 Real Estate Collective, Molly Chipouras

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Listing agent

— 515 Wallace Ave —

  • Molly Chipouras

    M2 Real Estate Collective

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 515 Wallace Ave

School District:Kalamazoo Public School District
NameGradesDistance
Northeastern Elementary School, Kalamazoo, MI
2433 Gertrude Street, Kalamazoo, MI 49048
PK-50.8 mi
Linden Grove Middle School
4241 Arboretum Parkway, Kalamazoo, MI 49006
6-84.4 mi
Kalamazoo Central High School
2432 North Drake Road, Kalamazoo, MI 49006
9-124.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 515 Wallace Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/04/2026
Listed
$179,900
1693.98%
MLS
12/17/2019
Sold
$10,028
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 515 Wallace Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,499
255%
$38,300
23%
2019
$703
—
$31,100
9%
2019
$703
-59%
$28,600
8%
2022
$1,724
17%
$26,400
49%
2020
$1,479
—
$17,700
-18%
2020
$1,479
110%
$21,500
14%
2019
$703
2%
$18,800
4%
2018
$687
-3%
$18,000
-3%
2014
$705
—
$18,500
11%
2014
$705
—
$16,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by M2 Real Estate Collective, Molly Chipouras

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515 Wallace Avenue, Kalamazoo, MI 49048 (MLS# 26026910) is a Single Family property with 3 bedrooms and 1 full bathroom. 515 Wallace Avenue is currently listed for $179,900 and was received on June 04, 2026. Want to learn more about 515 Wallace Avenue? Do you have questions about finding other Single Family real estate for sale in Kalamazoo? You can browse all Kalamazoo real estate or contact a Coldwell Banker agent to request more information.

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