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For sale
  • $1,885,000

    2987 Franklin St #Penthouse 14, Detroit, MI 48207

    4beds
    4,860sqft
    : 
    $17,111/mo
    Get pre-qualified
    Condominium
    Built in 1943
    -- sqft lot
    $1,803,900 Zestimate®
    $388/sqft
    $891/mo HOA

    What's special

    There are few residences in Detroit that offer this combination of scale, privacy, architectural character, and outdoor living. Spanning nearly 5,000 square feet, with a 1,750 square foot rooftop terrace, this remarkable penthouse feels more like a private estate than a traditional condominium. With generous space for dining, entertaining, and quiet evenings overlooking the city, this home is truly one of Detroit's best kept secrets. The rooftop terrace, which offers a private dog park area, is one of Detroit’s most exceptional private outdoor spaces. Inside, expansive windows bring the city into nearly every room. Originally designed by renowned Detroit architect Steve Flum, the interior is layered with distinctive architectural details and craftsmanship. The kitchen and bar area, completed in 2022, pairs handcrafted cabinetry and illuminated vitrines with an exceptional kitchen island, premium appliances, and elegant finishes. Installed throughout the residence are functional steel art pieces by Detroit artist Logan Merry, including the floating steel staircase and bathroom shelving. You will also find restored cathedral doors, and a hand-carved wood-burning fireplace that create an atmosphere that is sophisticated, artistic, and deeply connected to the building’s character. The primary suite offers a sense of retreat with a freestanding copper soaking tub, mosaic glass steam shower, and expansive custom closets. Three additional ensuite bedrooms provide privacy and comfort for family or guests. Thoughtful amenities include elevator access, motorized window shades, an integrated sound system, two sets of laundry appliances, and two dedicated parking spaces in a secure gated lot. Set just two blocks from the Detroit RiverWalk and minutes from Belle Isle, the Detroit Yacht Club, downtown, sports arenas, restaurants, and Detroit’s cultural destinations, this is a rare opportunity to experience the city from an entirely different vantage point.
    22 days
    1,276
    150

    Zillow last checked:

    Listing updated:

    Listed by:

    Erika Brikho 248-895-7720,

    Crain Homes 248-940-5510

    Source: Realcomp II,MLS#: 20261069933MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Primary bedroom
      • Level: Entry
      • Area: 480
      • Dimensions: 24 X 20
      Bedroom
      • Level: Entry
      • Area: 225
      • Dimensions: 15 X 15
      Bedroom
      • Level: Entry
      • Area: 225
      • Dimensions: 15 X 15
      Bedroom
      • Level: Entry
      • Area: 225
      • Dimensions: 15 X 15
      Primary bathroom
      • Level: Entry
      • Area: 192
      • Dimensions: 12 X 16
      Other
      • Level: Entry
      • Area: 72
      • Dimensions: 6 X 12
      Other
      • Level: Entry
      • Area: 90
      • Dimensions: 6 X 15
      Other
      • Level: Entry
      • Area: 90
      • Dimensions: 6 X 15
      Other
      • Level: Second
      • Area: 20
      • Dimensions: 5 X 4
      Flex room
      • Level: Second
      • Area: 144
      • Dimensions: 12 X 12
      Great room
      • Level: Entry
      • Area: 700
      • Dimensions: 20 X 35
      Kitchen
      • Level: Second
      • Area: 735
      • Dimensions: 35 X 21
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Built In Gas Oven, Built In Refrigerator, Dishwasher, Disposal, Dryer, Free Standing Refrigerator, Gas Cooktop, Microwave, Vented Exhaust Fan, Washer, Wine Refrigerator
      • Laundry: In Unit
      Features
      • Elevator, Entrance Foyer, High Speed Internet, Programmable Thermostat, Sound System, Wet Bar
      • Basement: Unfinished
      • Has fireplace: Yes
      • Fireplace features: Great Room, Wood Burning
      Interior area
      • Total interior livable area: 4,860 sqft
      • Finished area above ground: 4,860

      Property

      Parking
      • Parking features: Assigned 2 Spaces, Direct Access, Parking Lot, No Garage
      Features
      • Levels: Bi Level
      • Entry location: UpperLevelwElevator
      • Patio & porch: Patio
      • Exterior features: Balcony, Permeable Paving
      Details
      • Parcel number: W11I000072S014
      • Special conditions: Short Sale No,Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Loft,Split Level
      • Property subtype: Condominium
      Materials
      • Brick, Metal Siding
      • Foundation: Basement, Poured
      • Roof: Rubber
      Condition
      • New construction: No
      • Year built: 1943
      • Major remodel year: 2022

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: FRANKLIN 2987 LOFTS CONDO
      HOA
      • Has HOA: Yes
      • Services included: Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal
      • HOA fee: $891 monthly
      Location
      • Region: Detroit

      Financial & listing details

      • Price per square foot: $388/sqft
      • Tax assessed value: $226,221
      • Annual tax amount: $14,372
      • Date on market: 9/24/2026
      • Cumulative days on market: 142 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional

        Estimated market value

        $1,803,900

        $1.71M - $1.89M

        $4,386/mo

        Price history

        DateEventPrice
        9/24/2026Listed for sale$1,885,000+34.6%$388/sqft
        Source: Realcomp II #20261069933 Report a problem
        5/7/2023Listing removed--
        Source: MiRealSource #40089452 Report a problem
        1/11/2021Pending sale$1,400,000$288/sqft
        Source: Realcomp II #2200064262 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Rivertown

        Getting around

        82 / 100
        Very Walkable
        50 / 100
        Good Transit
        84 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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