For sale

$249,000

2987 Franklin St #2D, Detroit, MI 48207

1beds

690sqft

$2,377/mo

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Condominium

Built in 2022

-- sqft lot

$242,400 Zestimate^®

$361/sqft

$202/mo HOA

What's special

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.

105 days

287

19

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Bedroom

Level: Entry
Area: 144
Dimensions: 12 X 12

Other

Level: Entry
Area: 96
Dimensions: 12 X 8

Kitchen

Level: Entry
Area: 160
Dimensions: 16 X 10

Living room

Level: Entry
Area: 256
Dimensions: 16 X 16

Heating

Forced Air, Heat Pump

Features

Has basement: No
Has fireplace: No

Interior area

Total interior livable area: 690 sqft
Finished area above ground: 690

Property

Parking

Parking features: Assigned 1 Space, No Garage

Features

Levels: One
Stories: 1
Entry location: GroundLevel

Details

Special conditions: Short Sale No,Standard

Construction

Type & style

Home type: Condo
Architectural style: Loft
Property subtype: Condominium

Materials

Brick
Foundation: Slab

Condition

New construction: No
Year built: 2022
Major remodel year: 2022

Utilities & green energy

Sewer: Sewer At Street
Water: Waterat Street

Community & HOA

HOA

Has HOA: Yes
Services included: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash, Water
HOA fee: $202 monthly

Location

Region: Detroit

Financial & listing details

Price per square foot: $361/sqft
Tax assessed value: $4,200
Annual tax amount: $408
Date on market: 5/8/2026
Cumulative days on market: 105 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

$242,400

$230,000 - $255,000

$1,825/mo

Price history

Date	Event	Price
5/8/2026	Listed for sale	$249,000$361/sqft
Source: Realcomp II #20261032678 Report a problem
8/29/2024	Listing removed	$1,700$2/sqft
Source: Zillow Rentals Report a problem
8/6/2024	Listed for rent	$1,700$2/sqft
Source: Zillow Rentals Report a problem