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- Facts & Features
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Street View
$1,375,000
Monthly Est:$6,844
-- Bed
8 Baths8 full baths
7,600sqft
15925 W 11 Mile Rd, Southfield, MI 48076
$1,375,000
$6,844/moEst:
Get Pre-Approved
Multi Family
Built in 1986
$-- HOA
0.77 acre lot
$181/sq.ft
Description
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 askin...
Continue Reading- Houzeo last checked: 2 hours ago
- Listing updated: July 27, 2026 at 9:54 pm
- Listing Provided by: Brady Williams (360) 989-5395 | Greater Development LLC (313) 209-2900
- Source: Realcomp MLS-MI | MLS#: 20261058360
- Originating MLS: Realcomp II Ltd
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1986
HOA Fees
-
Finished Area
7,600 sqft
Lot Size
0.77 acre lot
Basement Area
- sqft
MLS Name
Realcomp MLS
MLS Number
20261058360
MLS Status
Active
Days on Market
50
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Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathrooms: 8
Interior
Heating
Natural Gas, Wall Furnace
Sewer
Public Sewer
Construction
Year Built
Year Built: 1986
Home type
Multi Family
Foundation Details
Basement, Block
Architectural Style
Common Entry Building
Construction Materials
Block
Utilities & Energy
Basement
Full, Unfinished
Pool Features
None
Laundry Features
In Unit
Water Source
Public
Other Features
Disclosures
Actual Income, Annual Property Operating Data Available, Taxes Not Homestead Exempt
Price History
| Date | Event | Price |
|---|---|---|
07/27/2026 Source: | Listed for Sale | $1,375,000 $181/sqft |
Find Homes by Property Features in Southfield, MI
Based on information from the Board/Association of REALTORS® (alternatively, from the Realcomp II Ltd. MLS) through Sep 16, 2026, 12:30PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX provided courtesy of Realcomp II Ltd. via Andover Real Estate & Houzeo, Copyright 2026 Realcomp II Ltd. Shareholders Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Andover Real Estate, local REALTOR®- Scott Rubin - (248)206-3666 . Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. © 2024 Realcomp II Ltd. MLS. All Rights Reserved.
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