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.
Pending
$179,900
515 Wallace Ave, Kalamazoo, MI 49048
3beds
1,157sqft
Single Family Residence
Built in 1885
0.35 Acres Lot
$180,600 Zestimate®
$155/sqft
$-- HOA
What's special
Fresh paintNew roofMassive city lotNew flooring
- 43 days |
- 56 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Molly Chipouras 269-391-3277,
M2 Real Estate Collective 269-906-2090
Source: MichRIC,MLS#: 26026910
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Range, Refrigerator, Washer
- Laundry: Main Level
Features
- Flooring: Carpet, Vinyl
- Windows: Replacement
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,157
- Total interior livable area: 1,157 sqft
- Finished area below ground: 0
Property
Features
- Stories: 2
Lot
- Size: 0.35 Acres
- Dimensions: 66 x 231
- Features: Level
Details
- Parcel number: 0614274002
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1885
Utilities & green energy
- Sewer: Public Sewer, Storm Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Kalamazoo
Financial & listing details
- Price per square foot: $155/sqft
- Tax assessed value: $25,482
- Annual tax amount: $1,898
- Date on market: 6/4/2026
- Listing terms: Cash,FHA,VA Loan,MSHDA,Conventional
- Road surface type: Paved
Estimated market value
$180,600
$172,000 - $190,000
$1,798/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2026 | Pending sale | $179,900$155/sqft |
Source:  MichRIC #26026910 Report a problem | ||
| 6/4/2026 | Listed for sale | $179,900+1694%$155/sqft |
Source: MichRIC #26026910 Report a problem | ||
| 1/21/2020 | Sold | $10,028$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,499 +17.5% | $38,300 +23.2% |
| 2024 | $2,127 | $31,100 +8.7% |
| 2023 | -- | $28,600 +8.3% |
| 2022 | -- | $26,400 +49.2% |
| 2021 | -- | $17,700 -17.7% |
| 2020 | -- | $21,500 +19.4% |
| 2018 | -- | $18,000 -2.7% |
| 2017 | $705 | $18,500 +11.4% |
| 2016 | $705 | $16,600 |
| 2015 | $705 | $16,600 +1.8% |
| 2014 | $705 | $16,300 -2.4% |
| 2013 | -- | $16,700 -3.5% |
| 2012 | -- | $17,300 -16.4% |
| 2011 | -- | $20,700 -7.6% |
| 2010 | -- | $22,400 -10% |
| 2009 | -- | $24,900 -10.1% |
| 2008 | -- | $27,700 +11.7% |
| 2004 | -- | $24,800 +13% |
| 2003 | -- | $21,950 |
| 2002 | -- | $21,950 +33.8% |
| 2001 | -- | $16,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Eastside
Nearby schools
GreatSchools rating
- 6/10Northeastern Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 7/10Linden Grove Middle SchoolGrades: 6-8Distance: 4.4 mi
- 6/10Kalamazoo Central High SchoolGrades: 9-12Distance: 4.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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