Spanning nearly 5,000 square feet across multiple levels, this extraordinary Rivertown penthouse is a true collector’s property—where architecture, craftsmanship, and panoramic views of both Detroit and Canada converge.
Designed for both intimate living and large-scale entertaining, the residence opens to an expansive 1,750-square-foot private outdoor terrace—an exceptional extension of the living space and one of the largest of its kind in the city.
The fully reimagined 2022 kitchen is a statement in design, featuring creamy-white custom cabinetry, illuminated vitrine accents, and a sculptural island with secondary sink. A custom staircase by Detroit artist Logan Merry creates a striking architectural connection to the main living areas.
Throughout the home, bespoke elements define the experience: a hand-carved marble wood-burning fireplace, restored cathedral wood doors, and thoughtfully curated materials that elevate every space.
The primary suite is a private retreat, complete with a freestanding copper soaking tub positioned for skyline views, an expansive mosaic glass steam shower, and a fully enclosed water closet. A secondary ensuite features a dramatic black granite soaking tub, continuing the home’s theme of elevated, spa-like living.
Floor-to-ceiling windows with motorized shades frame the city beyond, while every detail—from material selection to spatial flow—reflects a disciplined, design-forward vision.
Two dedicated parking spaces in a gated adjacent lot complete this exceptional offering.
A truly rare opportunity to own a bespoke penthouse of scale, character, and presence in Detroit.
For sale
$2,175,000
2987 Franklin St #Penthouse, Detroit, MI 48207
4beds
4,860sqft
Condominium
Built in 1943
-- sqft lot
$2,011,300 Zestimate®
$448/sqft
$891/mo HOA
What's special
- 69 days |
- 1,328 |
- 60 |
Zillow last checked:
Listing updated:
Listed by:
Randall S Fogelman 313-378-4270,
O'Connor Realty Detroit, LLC 313-963-9891,
Daniel Ericksen 248-376-2231,
O'Connor Realty Detroit, LLC
Source: Realcomp II,MLS#: 20261027850
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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: 90
- Dimensions: 6 X 15
Other
- Level: Entry
- Area: 90
- Dimensions: 6 X 15
Other
- Level: Entry
- Area: 72
- Dimensions: 6 X 12
Other
- Level: Second
- Area: 20
- Dimensions: 5 X 4
Kitchen
- Level: Second
- Area: 735
- Dimensions: 35 X 21
Living room
- Level: Entry
- Area: 700
- Dimensions: 20 X 35
Heating
- Forced Air, Natural Gas
Appliances
- Included: Built In Gas Oven, Dishwasher, Dryer, Free Standing Refrigerator, Gas Cooktop, Vented Exhaust Fan, Washer, Wine Refrigerator
Features
- Elevator, Entrance Foyer, High Speed Internet, Programmable Thermostat, Sound System, Wet Bar
- Basement: Common,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: 2020
Utilities & green energy
- Electric: Generator
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: FRANKLIN 2987 LOFTS CONDO
HOA
- Has HOA: Yes
- Services included: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Water
- HOA fee: $891 monthly
Location
- Region: Detroit
Financial & listing details
- Price per square foot: $448/sqft
- Tax assessed value: $220,274
- Annual tax amount: $18,284
- Date on market: 5/1/2026
- Cumulative days on market: 69 days
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional,Warranty Deed
- Exclusions: Exclusion(s) Do Not Exist
Estimated market value
$2,011,300
$1.91M - $2.11M
$5,190/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Listed for sale | $2,175,000$448/sqft |
Source:  Realcomp II #20261027850 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
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: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Michigan
- Wayne County
- Detroit
- 48207
- Rivertown
- 2987 Franklin St Unit Penthouse
Nearby cities
Nearby neighborhoods
Nearby zip codes
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