2987 Franklin Street Unit 2AB
Detroit, MI 48207
- 2 beds
- 2 baths
- 1,044 sqft
- $372 per sqft
- 1943 build
- – on site
True loft living inside a converted manufacturing warehouse from 1905, this beautiful two-bedroom corner loft designed by award-winning Concetti firm has large warehouse windows and original features, including exposed brick walls; polished concrete floors; tall ceilings with exposed original wood beams; and reclaimed steel firehouse doors. Housed in East Rivertown's historic Dongan Building, which was originally built to manufacture military parts during World War II, the condo has been updated to reflect modern conveniences like the Lutron smart system. Designed by Euroamerica Design, the gorgeous kitchen is finished with sleek Italian Berloni cabinets, built-in Miele appliances, white granite countertops, custom light fixture from the Chicago Light Company, and a dramatic tile backsplash all the way to the ceiling. The generously sized primary suite comes with west-facing natural light, an open layout; a herringbone accent wall; hanging bedside pendant lights; separate soaking tub; marble walk-in shower; an industrial chic dual vanity handcrafted from Workshop Detroit and a large walk-in closet with laundry. The second bathroom is finished with a bold Pewabic tile shower, a bespoke vanity, and hidden mud room behind a reclaimed industrial sliding door. The building features a common rooftop area, keyless entry, security cameras, additional resident storage, and HOA allows for short-term rentals. There are two gated parking spaces included; and NEZ-approved tax breaks until 2035.
Last checked:
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Last updated Mar 29, 2025
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MLS# 20250020891 —
The Building
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Year Built:1943
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Year Remodeled:2020
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New Construction:false
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Construction Materials:Brick
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Architectural Style:Loft
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Levels:One
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Entry Location:Ground Level
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Basement:false
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Foundation Details:Slab
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Above Grade Finished Area:1044.0
Interior
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Fireplace:false
Room Dimensions
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Living Area:1044.0
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Living Area Source:Builder
Location
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Directions:Corner of Franklin and McDougall
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Cross Street:Franklin and McDougall
The Property
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Parcel Number:W27I210143S
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Property Type:Residential
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Property Subtype:Condominium
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Lot Size Units:Acres
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Road Frontage Type:Paved
Listing Agent
- Contact info:
- Agent phone:
- (313) 963-9891
- Office phone:
- (313) 963-9891
Taxes
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Tax Legal Description:N FRANKLIN UNIT NO 3 WAYNE COUNTY CONDO PLAN NO 1095 FRANKLIN 2987 LOFTS CONDOMINIUM RECORDED L54500 P897 DEEDS W C R 11/14
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Tax Annual Amount:5875.0
Beds
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Total Bedrooms:2
Baths
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Total Baths:2
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Full Baths:2
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Electric, ENERGYSTARQualifiedFurnaceEquipment
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Heating:false
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Cooling:false
Utilities
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Sewer:SewerAtStreet
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Water Source:WateratStreet
Schools
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High School District:Detroit
The Community
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Subdivision Name:SEYMOUR & TROESTERS LOYOLA PK
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Senior Community:false
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Waterfront:false
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Pets Allowed:CatsOk, DogsOk
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Association:true
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Association Fee:215.0
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Association Fee Frequency:Monthly
Parking
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Garage:false
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Attached Garage:false
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Parking Features:Assigned2Spaces, ParkingLot, NoGarage
IDX provided courtesy of Realcomp II Ltd., via Estately and Realcomp II Ltd, © 2025 Realcomp II Ltd. Shareholders
Estately Inc. is a Michigan licensed brokerage #6505374810, managed by Michigan licensed REALTOR® broker Darren Yearsley #6505374810.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Realcomp II Ltd. via Estately Inc. and REALCOMP. ©2025 Realcomp II Ltd. Shareholders.
Monthly cost estimate

Asking price
$389,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,082
|
Taxes | $489 |
Insurance | $106 |
HOA fees | $215 |
Utilities | $120 See report |
Total | $3,012/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/28/25
Mar 28, 2025
|
Listed / Active | REALCOMP | $389,000 |