Chestnut Oaks is an 8-unit, fully occupied garden-style apartment community in Southfield offering a turnkey multifamily investment opportunity. Built in 1986, the property spans two 2-story buildings totaling approximately 7,600 SF on a 0.70-acre lot, zoned RM. Unit mix includes four 1BR/1BA units (850 SF) and four 2BR/1BA units (1,050 SF), each featuring in-unit washer/dryer. Masonry construction, natural gas and wall furnace heat, and 14 parking spaces (2.00/unit). Landlord pays water and trash; tenants pay electric. Professionally managed by Silverside Management with strong historical occupancy. Current NOI of $92,517 reflects a 6.73% cap rate on the $1,375,000 asking price ($171,875/unit), with upside to a pro forma NOI of $93,429 (6.79% cap rate) through market rent adjustments. Convenient location near W 11 Mile Rd and Marshall St with easy access to major Southfield corridors. Property is tenant-occupied; showings by appointment only. Contact listing agent for financial package and additional details.
Property Details
Price:
$1,375,000
MLS #:
20261058360
Status:
Active
Beds:
0
Baths:
8
Type:
Single Family
Subtype:
MultiFamily
Neighborhood:
area02244southfield
Listed Date:
Jul 27, 2026
Finished Sq Ft:
7,600
Year Built:
1986
See this Listing
Schools
School District:
SouthfieldPublicSchools
Interior
Above Grade Finished Area
7600
Bathrooms
8 Full Bathrooms
Heating
Natural Gas, Wall Furnace
Laundry Features
In Unit
Levels
Two
Exterior
Architectural Style
CommonEntryBuilding
Construction Materials
Block
Financial
Taxes
$16,378
Map
Community
- Address15925 W 11 Mile Road South Field MI
- CitySouth Field
- CountyOakland
- Zip Code48076
Subdivisions in South Field
- CHURCHES ACRES SUB
- CRANBROOK VILLAGE SUB NO 5
- AKERS SMALL FARMS
- ALTERED OF J LEE BAKERS WASHINGTON HEIGHTS
- AUTUMN RIDGE CONDO
- BALMORAL CLUB CONDO OCCPN 290
- BASE LINE ESTATES NO 1
- BASELINE-EVERGREEN
- BEDFORD VILLAS
- BEDFORD VILLAS SUB NO 2
- BERG ROAD HILLS
- BLACKWOODS FOREST GLENS
- BONNIE ACRES SUB NO 1
- BONNIE ACRESNO 1
- CAMBRIDGE VILLAGE
- CHANTICLEER CONDO OCCPN 318
- CHELSEA CROSSING OF SOUTHFIELD CONDO OCCPN 1085
- CHURCHES ACRES SUB
- CITY/SOUTHFIELD
- COUNTRY KNOLL CONDO OCCPN 360
- CRANBROOK PLACE OCCPN 193
- CRANBROOK VILLAGE SUB NO 5
- CRANBROOK VILLAGENO 12
- CRANBROOK VILLAGENO 13
- CRANBROOK VILLAGENO 2
- CRANBROOK VILLAGENO 3
- CRANBROOK VILLAGENO 4
- CUMBERLAND PH III OCCPN 376
- DONALD D HANEY
- EVERGREEN MEADOWS CONDO OCCPN 330
- EVERGREEN TRAIL
- EVERGREEN WOODS OCCPN 266
- EVERSHIRE
- FANZINI ORCHARD SUB
- FIVE THOUSAND AT TOWN CENTER OCCPN 323
- FIVE THOUSAND TOWN CENTER OCCPN 323
- FOREST VIEW
- FRANKLIN VILLAGE TWNHS OCCPN 23
- FREDERICK B GRAY’S SOUTHFIELD WOODS SUB
- FREDERICK B GRAYS SOUTHFIELD WOODS
- GRAND RIVER CRESTNO 1
- GRAND RIVER OAKS
- GREENBROOKE PARKHOMES OCCPN 58
- HAMPSHIRE WOODS
- HART BROS BASELINE
- HART BROS MC ALISTER
- HERITAGE TRAIL
- HILLCREST ACRES-SOUTHFIELD
- HOLIDAY MANOR
- HYDE PARK
- HYDE PARK GARDENS
- KENNOWAY MEADOWS 3 – SOUTHFIELD
- KENTFIELD MANOR SUB
- KENTFIELD MANORNO 1
- KENWYCK ESTATES
- KINGSLEY ESTATES
- KLETTS GARDEN ESTATESNO 1
- LINCOLN WOODS
- LOUISE LATHRUPS CALIFORNIA BUNGALOWNO 2
- MAGNOLIA
- MAGNOLIA 3
- MAGNOLIA 4
- MANNINGTON
- MEADOW DOWNSNO 1
- MEADOWLAWN GARDENS
- MEADOWVALE
- MOUNT VERNON PLACE
- MT VERNON TOWNES OCCPN 73
- MT VERNON VILLAGE CONDO OCCPN 1058
- NORTH PARK SQUARE OCCPN 303
- NORTH POLO PARK SUB
- NORTHLAND GARDENS
- NORTHLAND PARK
- NORTHWEST SUB
- OAKLAND MEADOWS
- OAKLAND VILLAGE
- PARK PLACE AT TOWN CENTER CONDO
- PINEWOOD MANOR
- PLUM HOLLOW ESTATES
- PLUM HOLLOW GARDENS
- RANCHWOOD ESTATES
- RIVER SIDE ESTATES
- RIVERBANK FAIRWAY ESTATES
- ROSELAND WOODSNO 1
- ROUGEWOOD KNOLLS
- SAN MARINO VILLAS 1
- SHARON MDWS #3
- SHARON MEADOWS
- SHARON MEADOWS 2
- SHEVINGTON MANOR OCCPN 328
- SHIAWASSEE CONDO OCCPN
- SHIAWASSEE CONDO OCCPN 296
- SOUTHAMPTON
- SOUTHAMPTON SUB
- SOUTHFIELD FARMS
- SOUTHFIELD GARDENS
- SOUTHFIELD HEIGHTS
- SOUTHFIELD PARK
- SPRING HAVEN VILLAS CONDO OCCPN 1869
- SPRVSRS OF MC CLELLANDS CLG VIEW
- STONEBROOKE OF SOUTHFIELD OCCPN 1281
- SUPERVISORS PLAT NO 16
- SUPRVR’S PLAT NO 12 – SOUTHFIELD
- SUPRVR’S PLAT NO 25 OF BUCKLAND ESTS
- SUPRVR’S PLAT OF FARMSTEADS
- SUPRVRS 1 – SOUTHFIELD
- SUPRVRS 11 – SOUTHFIELD
- SUPRVRS 25 OF BUCKLAND ESTATES
- SUPRVRS 4 – SOUTHFIELD
- SUPRVRS 9 – SOUTHFIELD
- SUPRVRS 9 MILE-TELEGRAPH
- SUPRVRS DEERLICK PARK
- SUPRVRS OF EVERGREEN ESTATES
- SUPRVRS OF HARTS LITTLE FARMS
- SUPRVRS OF ROBERTS ESTATES
- SUPRVRS REP OF GOLFVIEW ACRES
- TAPERTS BASELINE-EVERGREENNO 1
- THE ARBORS OCCPN 107
- THE FAIRFAX OCCPN 566
- THE PAVILIONS OCCPN 548
- THE VILLAGE AT CORNERSTONE CONDO
- THE WOODLANDS CONDO OCCPN 704
- THOMAS HITCHMANS
- TWYCKINGHAM VALLEY
- TYLER ESTATES IV CONDO
- VILLAGE CREST CONDO
- WASHINGTON VILLAGE
- WASHINGTON VILLAGE 6
- WASHINGTON VILLAGE 7
- WELLINGTON PLACE MANORS CONDO
- WESTHAMPTON SUB
- WILDBROOK CONDO APTS & TWNHS OCCPN 53
- WILDHERN
- WOODLANDS PARK
- WOODVALE TWNHMS CONDO OCCPN 444
Market Summary
Current real estate data for Single Family in South Field as of Aug 08, 2026
167
Single Family Listed
61
Avg DOM
188
Avg $ / SqFt
$355,877
Avg List Price
Property Summary
- 15925 W 11 Mile Road South Field MI is a Single Family for sale in South Field, MI, 48076. It is listed for $1,375,000 and features 0 beds, 8 baths, and has approximately 7,600 square feet of living space, and was originally constructed in 1986. The current price per square foot is $181. The average price per square foot for Single Family listings in South Field is $188. The average listing price for Single Family in South Field is $355,877. To schedule a showing of MLS#20261058360 at 15925 W 11 Mile Road in South Field, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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