$179,900
Kalamazoo, MI 49048
MLS# 26026910
3 beds | 1 baths | 1157 sqft
1 / 36
Property 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.
Details
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
General Property Info
New Construction: No
Lot Dimensions: 66 x 231
Road Frontage: 66
Garage Y/N: No
Waterfront: No
Income Property: No
Basement: Yes
Total Rooms AG: 8
Total Fin SqFt All Levels: 1157
SqFt Above Grade: 1157
Below Grade Finished SqFt: 0
Below Grade Unfinished SqFt: 400
Building Total SqFt: 1557
Total Beds Above Grade: 3
Main Level Primary: Yes
Stories: 2
School District: Kalamazoo
Association YN: No
Lot Measurement: Acres
Lot Acres: 0.35
Lot Square Footage: 15246
Year Built: 1885
Total Bedrooms: 3
Full Baths: 1
Total Baths: 1
Tax Info
Taxable Value: 25482
SEV: 42000
For Tax Year: 2025
Seller's Annual Property Tax: 1898
Tax Year: 2025
Homestead %: 0
Spec Assessment & Type: unknown
Tax ID #: 06-14-274-002
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: 1
Street Type
Paved: 1
Public: 1
Util Avail at Street
Storm Sewer: 1
Utilities Attached
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
MSHDA: 1
VA Loan: 1
Mineral Rights
Unknown: 1
Laundry Features
Main Level: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Access Feat
Accessibility Features: No
Upper Rooms
Upper Bedrooms: 2
Upper Level Square Feet: 407
Total Baths Above Grade: 1
Main Rooms
Main Bedrooms: 1
Main Full Baths: 1
Main Level SQFT: 750
Lower Rooms
Lower Finished SQFT: 0
Total Lower SQFT: 0
Basement Rooms
Basement Finished SQFT: 0
Total Basement SQFT: 400
Driveway
Gravel: 1
Unpaved: 1
Substructure
Full: 1
Windows
Replacement: 1
Appliances
Dishwasher: 1
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Water Heater
Electric: 1
Patio and Porch Features
Deck: 1
Flooring
Carpet: 1
Vinyl: 1
Security Features
Smoke Detector(s): 1
Architectural Style
Bungalow: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kalamazoo
Street #: 515
Street Name: Wallace
Suffix: Avenue
State: MI
Zip Code: 49048
Zip (4): 2042
OfficeContract Info
Status: Active
List Price: $179,900
Current Price: $179,900
Listing Date: 2026-06-04
Remarks Misc
Directions: E Main Street to Charles Ave to Wallace Ave
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 - 04 - 2026
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