$260,000 for Sale

2987 franklin street, detroit, MI 48207

Beds 1 Baths 1 690 Sqft 1 of 15
Property Description
Industrial character meets Rivertown living in this beautifully upgraded historic loft. Built in 1905 and once home to WWII military manufacturing, the building carries a rich legacy — now thoughtfully reimagined for modern living. This unit stands out within the community thanks to its extensive upgrades and exceptional natural light. Large windows fill the open-concept space with sunlight, highlighting the loft’s authentic industrial feel while offering comfort and functionality. Enjoy living near the Detroit Riverwalk, Atwater Brewery, the marina, multiple parks, and the new nightlife destination The Big Pink. An NEZ tax abatement through 2035 provides meaningful property tax savings, and the HOA fee remains notably reasonable. Schedule your showing today!
General Information
Sale Price: $260,000
Price/SqFt: $377
Est. Payments: $1,707*
Status: Active
MLS#: 20261012972
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Bedrooms:1
Bathrooms:1   (1 full, 0 half)
House Size: 690 sq.ft.
Acreage:
Year Built: 1943
Property Type: Condo
Style: Loft
Features & Room Sizes
Paved Road:  Paved
Garage:  No Garage
Garage Description:  1 Assigned Space
Construction:  Brick
Exterior:  Brick
Exterior Misc:  Grounds Maintenance, Lighting, Private Entry
Basement:  No
Foundation :  Slab
Heating:  Forced Air
Fuel:  Natural Gas
Waste:  Sewer (Sewer-Sanitary),Sewer at Street
Watersource:  Public (Municipal),Water at Street
Tax, Fees & Legal
Home warranty:  No
Est. Summer Taxes:  $2,391
Est. Winter Taxes:  $1,850
HOA fees:  1
HOA fees Period:  Monthly
Legal Description:  N FRANKLIN UNIT NO 5 WAYNE COUNTY CONDO PLAN NO 1095 FRANKLIN 2987 LOFTS CONDOMINIUM RECORDED L54500 P897 DEEDS W C R 11/14
Map


IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2026 Realcomp II Ltd. Shareholders Listing By: Grace Mulcahy of @properties Christie's Int'l R.E. Birmingham, Phone: (248) 850-8632
(810) 962-2477 Call Michael Pompei for more information about this property.

Ask me about this property

Listings Presented by:
Michael Pompei
Call:
(810) 962-2477

Office:
(810) 714-6009

View My Listings
This Single-Family Home located at
2987 franklin street, detroit MI, 48207
is currently for sale. This property is listed for $260,000.
For Sale | $260,000 | 1 Bed, 1 Bath | 690 Sq Ft MLS ID rcomi20261012972
2987 franklin street has 1 bedrooms, approximately 690 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.