2987 Franklin Street #5-2D Detroit MI 48207 MLS #20261012972

2987 Franklin Street #5-2D
Detroit, MI, 48207
$260,000
1 Beds
1 Baths
690 SqFt
0 Acres
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MLS #20261012972 image #0
Industrial character meets Rivertown living in this beautifully upgraded historic loft. Built in 1905 and once home to WWII military manufacturing, the building carries a rich legacy — now thoughtfully reimagined for modern living. This unit stands out within the community thanks to its extensive upgrades and exceptional natural light. Large windows fill the open-concept space with sunlight, highlighting the loft’s authentic industrial feel while offering comfort and functionality. Enjoy living near the Detroit Riverwalk, Atwater Brewery, the marina, multiple parks, and the new nightlife destination The Big Pink. An NEZ tax abatement through 2035 provides meaningful property tax savings, and the HOA fee remains notably reasonable. Schedule your showing today!

Property Details

Price:
$260,000
MLS #:
20261012972
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Neighborhood:
05066detmcclellaneastmacktoshore
Listed Date:
Mar 2, 2026
Finished Sq Ft:
690
Year Built:
1943
Short SaleLoft05066 – Det: Mcclellan East/mack To Shore05066detmcclellaneastmacktoshoreDetroitCall, Cats Ok, Dogs Ok

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Schools

School District:
Detroit

Interior

Bathrooms
1 Full Bathroom
Heating
Forced Air, Natural Gas

Exterior

Architectural Style
Loft
Construction Materials
Brick
Exterior Features
Grounds Maintenance, Lighting, Private Entrance
Parking Features
Assigned1Space, NoGarage

Financial

HOA Fee
$220
HOA Frequency
Monthly
HOA Includes
MaintenanceGrounds, MaintenanceStructure, SnowRemoval, Trash, Water
Taxes
$4,241

Map

Community

Market Summary

Current real estate data for Condo in Detroit as of Mar 07, 2026
215
Condo Listed
131
Avg DOM
275
Avg $ / SqFt
$355,869
Avg List Price

Property Summary

    2987 Franklin Street #5-2D Detroit MI is a Condo for sale in Detroit, MI, 48207. It is listed for $260,000 and features 1 beds, 1 baths, and has approximately 690 square feet of living space, and was originally constructed in 1943. The current price per square foot is $377. The average price per square foot for Condo listings in Detroit is $275. The average listing price for Condo in Detroit is $355,869. To schedule a showing of MLS#20261012972 at 2987 Franklin Street #5-2D in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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disclosure
Courtesy of @properties Christie’s Int’l R.E. Birmingham. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of Move in Michigan. Detailed information about real estate listings held by brokerage firms other than LoChirco Realty, LLC include the name of the listing broker. Neither the listing company nor LoChirco Realty, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. . All rights reserved.
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2987 Franklin Street #5-2D
Detroit, MI