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Listed price in listed location currency (USD).
$260,000

110

MLS® 20261012972

  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential
Size 690 sqft
Garage No
HOA Fees $220
Taxes $4,241
Days Active 4
Approx. Age 1943
Avg. Price Per Sqft $376
MLS® Number 20261012972

Property Address: 5-2d-2987 Franklin St, Detroit, MI, 48207-4273

Average square foot calculated using Size range provided by listing agent.

Description

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!
MLS® Number20261012972
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1943
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 2, 2026List Date
$260,000List Price

Home Appraisal

This property is estimated to sell between: $98,000 and $341,000.
Similar properties in this area sold on average for: $98,250
Expected to sell in 99 days. Similar properties sold in 103 days. This home has been on eXp Realty for 4 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
2987 Franklin St, Detroit, MI

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