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$2,175,000 for Sale

2987 franklin street, detroit, MI 48207

Beds 4 Baths 5 4,860 Sqft 1 of 36
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Property Description
Spanning nearly 5,000 square feet across multiple levels, this extraordinary Rivertown penthouse is a true collector's property - where architecture, craftsmanship, and panoramic views of both Detroit and Canada converge. Designed for both intimate living and large-scale entertaining, the residence opens to an expansive 1,750-square-foot private outdoor terrace - an exceptional extension of the living space and one of the largest of its kind in the city. The fully reimagined 2022 kitchen is a statement in design, featuring creamy-white custom cabinetry, illuminated vitrine accents, and a sculptural island with secondary sink. A custom staircase by Detroit artist Logan Merry creates a striking architectural connection to the main living areas. Throughout the home, bespoke elements define the experience: a hand-carved marble wood-burning fireplace, restored cathedral wood doors, and thoughtfully curated materials that elevate every space. The primary suite is a private retreat, complete with a freestanding copper soaking tub positioned for skyline views, an expansive mosaic glass steam shower, and a fully enclosed water closet. A secondary ensuite features a dramatic black granite soaking tub, continuing the home's theme of elevated, spa-like living. Floor-to-ceiling windows with motorized shades frame the city beyond, while every detail - from material selection to spatial flow - reflects a disciplined, design-forward vision. Two dedicated parking spaces in a gated adjacent lot complete this exceptional offering. A truly rare opportunity to own a bespoke penthouse of scale, character, and presence in Detroit.
General Information
Sale Price: $2,175,000
Price/SqFt: $448
Est. Payments: $14,281
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Status: Active
MLS#: 60987315
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Subdivision: franklin 2987 lofts condo
Bedrooms:4
Bathrooms:5   (4 full, 1 half)
House Size: 4,860 sq.ft.
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: 
Dining Room: 
Kitchen:  35x21
Livingroom:  20x35
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:  Common,Unfinished
Foundation :  Basement
Appliances:  Dishwasher,Dryer,Range/Oven,Refrigerator,Washer
Heating:  Forced Air
Fuel:  Natural Gas
Watersource:  Public Water
Tax, Fees & Legal
Est. Summer Taxes:  $16,228
Est. Winter Taxes:  $2,056
HOA fees:  891
HOA fees Period:  Monthly


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Randall Fogelman of O'Connor Realty Detroit, LLC

This listing last updated: Sat, May 02, 2026 at 2:24:56 PM EDT

MIRealSource Listing Data Last Updated On Wednesday, June 10 2026 at 7:07am
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Listings presented by:
Randall Fogelman
O'Connor Realty Detroit, LLC
Call: (313) 378-4270

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