$219,000

2987 Franklin St Unit 3C Detroit, MI 48207

$2,601
Closing credit¹
1 bed
1 full
860 sqft
$255 / sqft
Condo

Property details

About 2987 Franklin St Unit 3C

Industrial loft located in Detroit's East Rivertown neighborhood with large warehouse windows and desirable features like sleek, high end finishes, concrete floors, and tall ceiling. Housed in the historic Dongan Building and originally built in 1905 to manufacture military parts during World War II. The bright, open kitchen is finished with a subway tile backsplash; stainless appliances with built-in under-cabinet microwave; hand built open shelving; and a custom kitchen island with tons of storage. The industrial-chic bathroom features spacious walk-in shower, and in-unit laundry. Included in the building is gated parking spaces, along with fiber internet, keyless entry system, security cameras, and additional resident storage, and an NEZ cert through 2035. You will fall in love with Detroit's Rivertown District, near the city center and close to attractions like the Detroit Riverwalk, Belle Isle, Chene Park, Dequindre Cut, and Eastern market. Schedule your private tour today!

Highlights

Home typeCondominium
HeatingForced Air, Natural Gas
StatusAccepting Backup Offers
Size860 sqft
Year built1943
ParkingAssigned 1 Space, Parking Lot, No Garage
MLS #20250029123

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator, Microwave, Washer
  • Basement: No
  • Interior: Elevator
  • Total Bedroom Count: 1
  • Attached Garage: No
  • Parking: Assigned 1 Space, Parking Lot, No Garage
  • Exterior: Grounds Maintenance
  • Architectural Style: Common Entry Building, Contemporary, Loft
  • Heating: Forced Air, Natural Gas
  • List Price: $219,000
  • Price/SqFt: $254
  • HOA Amount: $231
  • HOA Frequency: Monthly
  • Directions: Driving E on Jefferson, turn R onto McDougal, located on the corner of McDougal and Franklin, enter on Franklin
  • Year Built: 1943
  • Living Area: 860 SqFt
  • MLS Number: 20250029123
  • MLS Name: Realcomp II Ltd
  • Office Name: Good Company
  • Office Phone: (248) 733-5811
  • Listing Agent: Jay Taylor, Melissa Taylor

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2025, 8:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior with a garage and concrete driveway

$219,000

2987 Franklin St Unit 3C

$2,601

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

1

Detroit Academy of Arts and Sciences

Public Charter KG-5

0.1 mi

2985 E Jefferson Ave

8

Chrysler Elementary School

Public District KG-5

0.8 mi

1445 E Lafayette St

3

University Preparatory Science and Math Elementary School

Public Charter KG-5

0.9 mi

2251 Antietam Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,510. The majority of Detroit, MI residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

38%
<35k
47%
35k-100k
12%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

79%
Single, No Kids
8%
Single, with Kids
11%
Married, No Kids
2%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
3%
12-17 yrs old
31%
18-34 yrs old
48%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • H&MH&M
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • ChipotleChipotle
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • ToyotaToyota
  • VolkswagenVolkswagen
  • VolvoVolvo

What do the neighbors listen to?

  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2987 Franklin St Unit 3C

The listing price of 2987 Franklin St Unit 3C property is $219,000.

The property 2987 Franklin St Unit 3C is a condo located in Detroit, Michigan, 48207.

Accepting Backup Offers: 2987 Franklin St Unit 3C is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 2987 Franklin St Unit 3C are: Detroit Academy of Arts and Sciences (GreatSchools Rating 1/10), Chrysler Elementary School (GreatSchools Rating 8/10), University Preparatory Science and Math Elementary School (GreatSchools Rating 3/10), Detroit Academy of Arts and Sciences Middle School (GreatSchools Rating 1/10), Bunche Preparatory Academy (GreatSchools Rating 1/10), Detroit Edison Public School Academy (GreatSchools Rating 5/10), University Preparatory Science and Math (PSAD) High School (GreatSchools Rating 3/10), Martin Luther King Jr. Senior High School (GreatSchools Rating 3/10), Way Michigan (GreatSchools Rating 4/10).

The property at 2987 Franklin St Unit 3C has 1 bedroom and 1 bathroom.

The property 2987 Franklin St Unit 3C is 860 SqFt (source: MLS/tax record).

The year of construction for 2987 Franklin St Unit 3C is 1943.

This home is located at 2987 Franklin St Unit 3C in Detroit, MI and zip code 48207 in the Rivertown neighborhood. This 860 square foot home was built in 1943. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $219,000.

While more than 93 listings in Detroit, MI in April 2025 were sold above asking price, there were more than 85 listings sold at asking price, and more than 216 were sold below. The number of listings in Detroit, MI increased by 13.4% between March and April 2025. In April 2025, listings were on the market for 47 days. During the same period, the median list price in this real estate market was $90,000.

From Rocket Homes Real Estate and based on county public records data.

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