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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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2987 Franklin St , Detroit, MI 48207
$1,885,000
Est. Payment: $9,706.80/mo
4 Bed
5 Bath
4860 Sqft
Status: active | Days on site: 88
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Jim Blehm
Team Owner, Realtor®

House Description

A Private Urban Estate | A Rare Detroit PenthouseSpanning nearly 5,000 square feet, this extraordinary penthouse ranks among Detroit's most architecturally distinctive residences. Hidden atop a historic Rivertown building, it offers the scale, privacy, and outdoor living more commonly associated with a private home than a traditional condominium.At the heart of the home is a 1,750-square-foot rooftop terrace, one of the largest private residential outdoor spaces in Detroit. Equal parts sanctuary and entertaining destination, it offers multiple areas for dining, lounging, and gathering beneath the skyline. Inside, dramatic floor-to-ceiling windows frame panoramic views stretching across downtown Detroit to Canada, filling the home with natural light by day and skyline views after dark.Originally designed by acclaimed Detroit architect Steve Flum, the residence is defined by exceptional craftsmanship. The 2022 custom kitchen features handcrafted cabinetry, illuminated vitrines, a sculptural island, premium appliances, and refined finishes, designed for everyday living and entertaining. A floating steel staircase by Detroit artist Logan Merry, restored cathedral doors, and a hand-carved marble wood-burning fireplace create a home that feels collected rather than constructed.The primary suite features a freestanding copper soaking tub, mosaic glass steam shower, and expansive custom closets. Three additional ensuite bedrooms provide exceptional accommodations for family and guests.Additional highlights include elevator access, motorized window shades, an integrated sound system, and two dedicated parking spaces within a secure gated lot.Just two blocks from Detroit's award-winning RiverWalk and moments from Belle Isle, the Detroit Yacht Club, downtown, acclaimed restaurants, sports venues, and cultural attractions, this is a residence unlike any other in Detroit, where authentic loft architecture, exceptional craftsmanship, and one of the city's most remarkable rooftop terraces come together in a singular

Highlights

Listed by Randall S Fogelman , 313-378-4270 O'Connor Realty Detroit, LLC , 313-963-9891. MichRIC

Property Type

Condo/Townhome

HOA Fee

891 Monthly

Year Built

1943

County

Wayne

School District

Detroit

Listing ID

20261027850

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:5
  • Full Bathrooms:4
  • 1/2 Bathrooms:1
Appliances:Washer, Refrigerator, Dryer, Dishwasher
Other:Elevator,Generator,Wet Bar,Master on Main
Other:Public

Exterior Features

Roof:Rubber
Others:Patio
Sewer:Public
Principal Interest
$9,707
Taxes
$1,524
HOA
$891

Home Price

$1,885,000

Loan Details

30 yrs
6.676%

Down Payment

20%
$377,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,706.80

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $9,706.80 $1,523.68 $891.00 $12,121.48
Yearly $116,481.57 $18,284.18 $10,692.00 $145,457.75
Total $3,494,446.95 $548,525.40 $320,760.00 $4,363,732.35
Lender profile image
Brian Belinger
Loan Originator
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-03T01:53:30.000Z

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