ndustrial corner loft located in Detroit's East Rivertown neighborhood with large warehouse windows and desirable features like sleek, high end finishes, concrete floors, and tall ceiling. Housed in the historic Dongan Building and originally built in 1905 to manufacture military parts during World War II. The bright, open kitchen is finished with a subway tile backsplash; stainless appliances with built-in under-cabinet microwave; hand built open shelving; and a custom kitchen island with tons of storage. The industrial-chic bathroom features spacious walk-in shower, and in-unit laundry. Included in the building is gated parking spaces, along with fiber internet, keyless entry system, security cameras, and additional resident storage, and an NEZ cert through 2035. You will fall in love with Detroit's Rivertown District, near the city center and close to attractions like the Detroit Riverwalk, Belle Isle, Chene Park, Dequindre Cut, and Eastern market. Schedule your private tour today!
Sold for $199,000
$199,000
2987 Franklin St #11, Detroit, MI 48207
1beds
710sqft
Condominium
Built in 1943
-- sqft lot
$209,100 Zestimate®
$280/sqft
$1,557 Estimated rent
Home value
$209,100
$186,000 - $234,000
$1,557/mo
Zestimate® history
Owner options
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$1,557/mo
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$1,557/mo
Rent Zestimate®
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$1,675/mo
Est. payment
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$1,675/mo
Est. payment
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List your homeWhat's special
Sleek high end finishesTall ceilingIn-unit laundrySpacious walk-in showerBright open kitchenLarge warehouse windowsCustom kitchen island
Zillow last checked:
Listing updated:
Listed by:
Jay Taylor 313-410-1149,
Good Company,
Melissa Taylor 313-858-0325,
Good Company
Bought with:
Ishma Best, 6502415703
Prep Realty
Source: Realcomp II,MLS#: 20240090768
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced Air, Natural Gas
Appliances
- Included: Dishwasher, Free Standing Gas Oven, Free Standing Refrigerator
- Laundry: In Unit
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 710 sqft
- Finished area above ground: 710
Property
Parking
- Parking features: Parking Lot, No Garage
Features
- Levels: One Story Up
- Stories: 1
- Entry location: MidLevelwElevator
- Fencing: Fenced
Details
- Parcel number: 11000072.011
- Special conditions: Short Sale No,Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Common Entry Building,Loft
- Property subtype: Condominium
Materials
- Brick, Concrete, Metal Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1943
- Major remodel year: 2021
Utilities & green energy
- Sewer: Sewer At Street
- Water: Waterat Street
Community & neighborhood
Location
- Region: Detroit
- Subdivision: WAYNE COUNTY CONDO PLAN NO 1095 (FRANKLIN 2987 LOFTS CONDO)
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $225 monthly
- Services included: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Warranty Deed
Price history
| Date | Event | Price |
|---|---|---|
| 4/3/2025 | Sold | $199,000$280/sqft |
Source:  Realcomp II #20240090768 Report a problem | ||
| 3/24/2025 | Pending sale | $199,000$280/sqft |
Source: Realcomp II #20240090768 Report a problem | ||
| 1/29/2025 | Price change | $199,000-13.5%$280/sqft |
Source: Realcomp II #20240090768 Report a problem | ||
| 12/6/2024 | Listed for sale | $230,000-14.8%$324/sqft |
Source: Realcomp II #20240090768 Report a problem | ||
| 4/1/2022 | Listing removed | -- |
Source: Realcomp II #2210063385 Report a problem | ||
| 12/30/2021 | Listed for sale | $269,900$380/sqft |
Source: Realcomp II #2210063385 Report a problem | ||
| 11/8/2021 | Listing removed | -- |
Source:  AAABOR #485072173 Report a problem | ||
| 8/25/2021 | Listed for sale | $269,900$380/sqft |
Source: AAABOR #485072173 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $111,300 +73.1% |
| 2024 | -- | $64,300 +7.5% |
| 2023 | -- | $59,800 -0.2% |
| 2022 | -- | $59,900 +1.9% |
| 2021 | -- | $58,800 |
| 2020 | $3,126 | $58,800 +19.5% |
| 2019 | -- | $49,200 |
Find assessor info on the county website
Neighborhood: Rivertown
Nearby schools
GreatSchools rating
- 4/10Bunche Elementary-Middle SchoolGrades: PK-8Distance: 0.5 mi
- 6/10Martin Luther King Jr Senior High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$209,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$209,100
- Michigan
- Wayne County
- Detroit
- 48207
- Rivertown
- 2987 Franklin St Unit 11
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