$1,885,000 for Sale

2987 franklin street, detroit, MI 48207

Beds 4 Baths 5 4,860 Sqft 1 of 49
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Property Description
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.
General Information
Sale Price: $1,885,000
Price/SqFt: $388
Status: Active
MLS#: 20261069933
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: franklin 2987 lofts condo
Acres: 0
Bedrooms:4
Bathrooms:5   (4 full, 1 half)
House Size: 4,860 sq.ft.
Acreage:
Year Built: 1943
Property Type: Condominium
Style: Split Level,Loft
Features & Room Sizes
Bedroom 1:  24x20
Bedroom 2 :  15x15
Bedroom 3:  15x15
Bedroom 4:  15x15
Family Room: 
Greatroom: 
Dinning Room: 
Kitchen:  35x21
Livingroom: 
Pole Buildings: 
Paved Road:  Paved Street
Garage:  No Garage
Garage Description:  Direct Access
Exterior:  Brick,Metal Siding
Exterior Misc:  Exterior Balcony,Patio
Fireplaces:  Yes
Fireplace Description:  Grt Rm Fireplace,Natural Fireplace
Basement:  Yes
Basement Description:  Unfinished
Foundation :  Basement
Appliances:  Dishwasher,Disposal,Dryer,Microwave,Range/Oven,Refrigerator,Washer
Cooling:  Central A/C
Heating:  Forced Air
Fuel:  Natural Gas
Watersource:  Public Water
Tax, Fees & Legal
Est. Summer Taxes:  $12,317
Est. Winter Taxes:  $2,056
HOA fees:  891
HOA fees Period:  Monthly


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248-895-8230 Call Tom Neveau for more information about this property.

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This Home located at
2987 franklin street, detroit MI 48207
is currently for sale priced at $1,885,000 and was listed on September, 23, 2026 and has been on the market for 27 days and was last updated on October, 08, 2026.

2987 franklin street has 4 bedrooms, 5 bathrooms, and approximately 4,860 square feet. This home is in the detroit city school district school district and was built in 1943. 2987 franklin street is in the 48207 ZIP Code area of detroit.

If you have any question about this property or any others, please don't hesitate to contact me.