$249,000
 $1,337 est/mo Sourced by Back At You

2987 Franklin Street,Detroit, MI 48207

Detroit, MI 48207

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Description

True loft living inside a converted manufacturing warehouse from 1905, this beautiful one-bedroom loft has large warehouse windows and original features: exposed brick walls; polished concrete floors; steel beams; and tall ceilings with exposed original wood beams. Housed in East Rivertown's historic Dongan Building--originally built to manufacture military parts during World War II--the condo's renovated, monochromatic kitchen features black cabinets with bright white countertops, concrete farmhouse sink, and a beautiful marble-top island. The bedroom has industrial glass and steel sliding doors, revealing a large walk-in closet and laundry. The bathroom is finished with dual sinks, custom tile-work and a walk-in shower with shower niche. The building features a common rooftop area, keyless entry, security cameras, additional resident storage, and HOA allows for short-term rentals.There are two gated parking spaces included; and NEZ-approved tax breaks until 2035.

Details

MLS #60991014
Listing TypeFor Sale
StyleCondominium
HOA Dues$202
Sub-TypeResale
StatusActive
Year2022
Days On Site175
Listing Provided ByO'Connor Realty Detroit, LLC | James Tumey

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet690
Story(s)1

Interior

Rooms Total4
Heating Yes / NoYes
HeatingForced Air, Heat Pump

Exterior

Construction MaterialsBrick
Foundation DetailsSlab

Parking

Garage Yes / NoNo
Parking Features1 Space

Other

List AorReal Comp

Taxes

Property408

Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48207
AreaDetroit (82001)
Listing VS Median (in 48207)
Price:
$249,000
low | high
Med:
$174,995
79.720883534137% of Average
sqft:
690
low | high
Med:
2,394
100% of Average
$ / sqft:
$361
low | high
Med:
$73
100% of Average
On site:
175
low | high
Med:
78
100% of Average
Sourced by Back At You

Market Activity 48207

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Learn More About This Property

StateMI
CountyWayne
CityDetroit
Zip Code48207
AreaDetroit (82001)
Listing VS Median (in 48207)
Price:
$249,000
low | high
Med:
$174,995
79.720883534137% of Average
sqft:
690
low | high
Med:
2,394
100% of Average
$ / sqft:
$361
low | high
Med:
$73
100% of Average
On site:
175
low | high
Med:
78
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $186K - $311K
sqft: 518 - 863
Nearby Listings Property ImageNearby Listings Details
2987 Franklin Street 2D Property Photo 1
$249,000
2987 Franklin Street 2d
Detroit, MI 48207
Listing Updated: September 29, 2026 at 7:50:30 AM PDT