2987 Franklin Street #PH 14 Detroit MI 48207 | MLS #20261069933

2987 Franklin Street #PH 14
Detroit, MI, 48207
$1,885,000
4 Beds
5 Baths
4,860 SqFt
0 Acres
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MLS #20261069933 image #0
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.

Property Details

Price:
$1,885,000
MLS #:
20261069933
Status:
Active
Beds:
4
Baths:
5
Type:
Condo
Subtype:
Condominium
Subdivision:
FRANKLIN 2987 LOFTS CONDO
Neighborhood:
area05053detwoodwardmcclellansomack
Listed Date:
Sep 23, 2026
Finished Sq Ft:
4,860
Year Built:
1943
Short SaleArea05053detwoodwardmcclellansomackArea05053detwoodwardmcclellansomackFranklin 2987 Lofts CondoDetroitCatsok, Dogsok

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
4860
Appliances
BuiltInGasOven, BuiltInRefrigerator, Dishwasher, Disposal, Dryer, FreeStandingRefrigerator, GasCooktop, Microwave, VentedExhaustFan, Washer, WineRefrigerator
Bathrooms
4 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Heating
Forced Air, Natural Gas
Interior Features
Elevator, EntranceFoyer, HighSpeedInternet, ProgrammableThermostat, SoundSystem, WetBar
Laundry Features
In Unit
Levels
Bi Level

Exterior

Architectural Style
Loft, SplitLevel
Construction Materials
Brick, Metal Siding
Exterior Features
Balcony, Permeable Paving
Parking Features
Assigned2Spaces, DirectAccess, ParkingLot, NoGarage
Patio And Porch Features
Patio
Roof
Rubber

Financial

HOA Fee
$891
HOA Fee Frequency
Monthly
HOA Includes
MaintenanceGrounds, MaintenanceStructure, Sewer, SnowRemoval
Taxes
$14,372

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Condo in Detroit as of Sep 24, 2026
276
Condo Listed
118
Avg DOM
260
Avg $ / SqFt
$324,247
Avg List Price

Property Summary

    Located in the FRANKLIN 2987 LOFTS CONDO subdivision, 2987 Franklin Street #PH 14 Detroit MI is a Condo for sale in Detroit, MI, 48207. It is listed for $1,885,000 and features 4 beds, 5 baths, and has approximately 4,860 square feet of living space, and was originally constructed in 1943. The current price per square foot is $388. The average price per square foot for Condo listings in Detroit is $260. The average listing price for Condo in Detroit is $324,247. To schedule a showing of MLS#20261069933 at 2987 Franklin Street #PH 14 in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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