$4,600,000
SOLD OCT 2, 2025

532 Mill St Wayland, MI 49348

-- Bed
-- Bath
990 Sq Ft
93,218 Sq Ft

Recently Sold

$4,646 Per Sq Ft

Highlights

  • 2.14 Acre Lot
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Cul-De-Sac

About This Home

As of October 2025

SOLD BEFORE BROADCAST! Listing is being provided for use as a comparable. 40 unit apartment building in the heart of fast growing Wayland. This property was built in 1990 and consists of a nice mix of 32 -2bedrooms and 8 - 3 bedroom apartment homes. Each unit has it's own heating and central air conditioning. Shared Laundry rooms

Last Agent to Sell the Property

Kathy Dennison

Lighthouse Property Management License #6502319881 Listed on: 10/10/2025

Co-Listed By

Linda Sayre

Lighthouse Property Management

Last Buyer's Agent

Kevin Knoll

Five Star Real Estate (Grandv) License #6501226121

Five Star Real Estate (Grandv)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $64,969

Year Built

  • Built in 1990

Lot Details

  • 2.14 Acre Lot
  • Cul-De-Sac

Home Design

  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Laundry

  • Laundry Room

Parking

  • 60 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Individual Gas Meter
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for trash collection, water, sewer

Community Details

Overview

  • 5 Buildings
  • 40 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$64,969

Year Built

Built in 1990

Lot Details

2.14 Acres

Listing Details

  • Property Sub-Type: 5+ Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1990
  • Location Property Info:Property Sub-Type: 5+ Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 1x1
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Zoning3: RM
  • General Property Info:Total _pound_ Units: 40
  • General Property Info:Total _pound_ Bldgs: 5.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Substructure:Slab: Yes
  • Extras:Sep Gas Meter: Yes
  • Laundry Features Laundry Room: Yes
  • Laundry Features Common Area: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Utilities Attached Cable Connected: Yes
  • Sewer:Public Sewer5: Yes
  • Water:Public Water4: Yes
  • Remarks Misc: Public Remarks: SOLD BEFORE BROADCAST! Listing is being provided for use as a comparable. 40 unit apartment building in the heart of fast growing Wayland. This property was built in 1990 and consists of a nice mix of 32 -2bedrooms and 8 - 3 bedroom apartment homes. Each unit has it's own heating and central air conditioning. Shared Laundry rooms
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Basement: No

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 4600000.0
  • Lot Features: Cul-De-Sac
  • Number of Buildings: 5
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Asphalt, Driveway
  • Total Parking Spaces: 60.0
  • General Property Info:Total Parking Spaces: 60.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Common Area, Laundry Room
  • Utilities: Natural Gas Connected, Electricity Connected, Cable Connected

Lot Info

  • Lot Size Acres: 2.14
  • Lot Size Area: 2.14
  • Lot Dimensions: 1x1
  • Lot Size Sq Ft: 93218.0
  • Zoning Description: RM

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 40

Tax Info

  • Tax Annual Amount: 64969.0
  • Tax Year: 2025
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2025 10/10/25 For Sale $4,600,000 0.0% $4,646 / Sq Ft
10/02/2025 10/02/25 Sold $4,600,000 -- $4,646 / Sq Ft
10/01/2025 10/01/25 Pending -- -- --
Source: MichRIC

Agents Affiliated with this Home

  • Kathy Dennison

    Seller's Agent in 2025

    Kathy Dennison

    Lighthouse Property Management

    (616) 257-9577

    1 in this area

    26 Total Sales

    Kathy Dennison
    Section Image

  • L

    Seller Co-Listing Agent in 2025

    Linda Sayre

    Lighthouse Property Management

    (616) 257-9577

    1 in this area

    18 Total Sales

    Linda Sayre
    Section Image

  • K

    Buyer's Agent in 2025

    Kevin Knoll

    Five Star Real Estate (Grandv)

    (616) 901-3866

    1 in this area

    92 Total Sales

    Kevin Knoll
    Section Image
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Map

Source: MichRIC

MLS Number: 25052193

MichRIC
Michigan Allegan County Wayland 49348

532 Mill St, Wayland, MI

Sold

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MichRIC Information is deemed reliable but not guaranteed.
Copyright 2026 MichRIC, LLC. All rights reserved.

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