$2,175,000 for Sale

2987 franklin street, detroit, MI 48207

Beds 4

Baths 5

4,860 Sqft

1 of 96

Property Description

This stunning, one-of-a-kind, multi-level Rivertown penthouse offers nearly 5,000 square feet of professionally designed living space. With amazing views of Detroit and Canada from both inside and out, the palatial four-bedroom property features an expansive 1,750-square-foot private outdoor space, ideal for entertaining and hosting large groups. An all-new kitchen fully renovated in 2022 features creamy-white custom cabinetry and gorgeous backlit-vitrine accents, plus a separate island with extra sink. The kitchen connects to the living space via a custom designed staircase by local artist Logan Merry. Additional exquisite aesthetics include a handcarved marble wood-burning fireplace; restored artisan cathedral wood doors; the standalone copper tub in the primary bedroom with city views; and a black granite tub in another ensuite bedroom. Primary bed/bath suite also features an immense walk-in, sit-down all-mosaic glass-walled steam shower, and an enclosed water closet (WC). Refined taste, beautiful craftsmanship, and thoughtful, design-conscious details--like custom motorized shades on the oversized windows--have been thoughtfully put in place, adding true marks of luxury to this rare bespoke property. Two assigned parking spaces in the adjacent gated lot are included.

General Information

Sale Price: $2,175,000

Price/SqFt: $448

Est. Payments: $14,281*

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Status: Active

MLS#: 20261027850

City: detroit

Post Office: detroit

Schools: detroit

County: Wayne

Subdivision: franklin 2987 lofts condo

Bedrooms:4

Bathrooms:5 (4 full, 1 half)

House Size: 4,860 sq.ft.

Acreage:

Year Built: 1943

Property Type: Condo

Style: Loft,Split Level

Features & Room Sizes

Paved Road: Paved
Garage: No Garage
Garage Description: 2+ Assigned Spaces, Direct Access, Parking Lot
Construction: Brick,Metal Siding
Exterior: Brick, Metal Siding
Exterior Misc: Whole House Generator, Permeable Paving

Fireplaces: 1
Fireplace Description: Natural
Basement: Yes
Basement Description: Unfinished, Common
Foundation : Basement
Appliances: Vented Exhaust Fan, Built-In Gas Oven, Dishwasher, Dryer, Free-Standing Refrigerator, Gas Cooktop, Washer, Wine Refrigerator
Heating: Forced Air
Fuel: Natural Gas
Waste: Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)

Tax, Fees & Legal

Home warranty: No
Est. Summer Taxes: $16,228
Est. Winter Taxes: $2,056

HOA fees: 1
HOA fees Period: Monthly
Legal Description: N FRANKLIN UNIT NO 14 WAYNE COUNTY CONDO PLAN NO 1095 "FRANKLIN 2987 LOFTS CONDOMINIUM" RECORDED L54500 P897 DEEDS W C R 11/14 5.81%; 1,451 SQ FT SPLIT/COMBINED ON 10/05/2017 FROM 11000072-4, 11000075.; SPLIT/COMBINED ON 11/06/2018 FROM 11000072-5;

Map

IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders Listing By: Randall S Fogelman of O'Connor Realty Detroit, LLC, Phone: (313) 963-9891

(810) 691-9799 Call Scott & Stacey Reel for more information about this property.

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Scott & Stacey Reel

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(810) 691-9799

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(810) 600-2130

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This Single-Family Home located at

2987 franklin street, detroit MI, 48207

is currently for sale. This property is listed for $2,175,000.

For Sale | $2,175,000 | 4 Bed, 5 Bath | 4,860 Sq Ft MLS ID rcomi20261027850

2987 franklin street has 4 bedrooms, approximately 4,860 square feet. This home is in the detroit school district and was built in 1943. 2987 franklin street is in detroit and in ZIP Code 48207 area.
If you have any question about this property or any others, please don't hesitate to contact me.