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$249,000

2987 Franklin Street – 48207

Detroit, Michigan 48207

Rivertown Neighborhood

1 Beds

1 Baths

690 Sq FT

$360.87 Price per Sq Ft

Highlights

Assigned1SpaceNoGarage

About This Home

True loft living inside a converted manufacturing warehouse from 1905, this beautiful one-bedroom loft has large warehouse windows and original features: exposed brick walls; polished concrete floors; steel beams; and tall ceilings with exposed original wood beams. Housed in East Rivertown's historic Dongan Building—originally built to manufacture military parts during World War II—the condo's renovated, monochromatic kitchen features black cabinets with bright white countertops, concrete farmhouse sink, and a beautiful marble-top island. The bedroom has industrial glass and steel sliding doors, revealing a large walk-in closet and laundry. The bathroom is finished with dual sinks, custom tile-work and a walk-in shower with shower niche. 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.

Listing Agent

James Tumey

O'Connor Realty Detroit, LLC

Listed on : May 8, 2026

Activity

Days on Market:

51

Home Details

Home Type

  • Residential

Est. Annual Taxes

  • $408

Year Built

  • Built in 2022

Lot Details

Parking

  • Assigned1Space
  • NoGarage

Home Design

Interior Spaces

  • 690 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

  • 1 Bedrooms
  • 1 Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

  • DetroitCity_Wayne, Michigan
  • Wayne County
  • Postal Code: 48207

Utilities

  • ForcedAir, HeatPump
  • Water Source: WateratStreet
  • Sewer: SewerAtStreet

About the Showing Agent

Hassan Scheib

Own It Realty

313-395-0000

mail IconContact Hassan

As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.

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About Rivertown

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Own It Realty

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