$69,825Average Value$67Average Price per Sq Ft8Homes For Sale
Small community with big amenities
Wedged between the commercial hub of Gratiot Avenue, the major north-south thoroughfare of Schoenherr Street, and the park-lined State Fair Avenue in northeast Detroit, the small community of Franklin offers residents immediate access to some of the area’s greatest features and most desirable housing.
Move-in ready homes and investment opportunities
Realtor Shatay Acevedo of 5th Avenue Realty describes Franklin as “an up-and-coming area in Detroit.” Franklin sits on both sides of Seven Mile Road, off of which branch grid-patterned residential streets. It is along these streets that homes dating from the 1920s to 1940s tell the story of a neighborhood that arose during the Motor City’s industrial heyday. Bungalows and colonial-style residences alike are reminders of the popular housing styles during this golden age, but Franklin’s history is far from written. Recent renovations and refurbishments have given new life to these historic properties. The rehabilitation of older homes has not only attracted newer homebuyers but has also contributed to the development of a vibrant local housing market. For instance, “Girard Grotto Park is one of the next subdivisions people are looking to invest in,” Acevedo says. “This is for someone looking to purchase and turn a house into their dream home, or an investor looking for their next fix and flip.” Homes in Franklin sell for between $5,000 and $150,000, reflecting the varying styles, ages, and conditions of the local housing.
Colonial homes located in Franklin provide young families with plenty of room.
Residents of Franklin will enjoy walking amongst dense foliage surrounding the neighborhood.
There is plenty of room for everyone to settle in Detroit's Franklin neighborhood.
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Hoping on a Gratiot bus to get downtown.
Gratiot Avenue not only grants residents easy access to retail amenities, but to the heart of Detroit, located just 8.3 miles directly down the avenue. Residents can also catch the 6 Gratiot bus every fifteen minutes for a convenient, public method of travel to downtown.
Dedicated learning at Osborn High School
Students attend Pulaski Elementary-Middle School and Osborn High School, both of which have been rated C-minus by Niche.com. Osborn’s greatest strengths are its teachers and its student resources, while students benefit from smaller-than-average student-teacher ratios, giving them more time to shine in the classroom.
Turning Point Academy at Fleming in Detroit is a center based day treatment school for Detroit.
Children attending Pulaski Elementary-Middle School receive the support they need to succeed.
Children attending Trix Academy enjoy small teacher to student ratios.
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Dining out along Seven Mile Road
Straddling both sides of Seven Mile Road, Franklin is ideally situated for residents seeking easy access to local restaurants, shops, and other amenities. Mike’s Fresh Market, at the corner of Gratiot and Seven Mile, fulfills every grocery need, while conveniences such as pet shops, clothing stores, and liquor marts can be found up and down Gratiot. Also located along those two major roads are around a dozen restaurants, including both popular chains and local favorites. Among the hidden treasures of this neighborhood is Peking Chinese Food, popular for its expansive menu of Chinese American staples perfect for both sit-in and takeout. No place expresses Detroit’s cultural soul like the Detroit Blues Café, where visitors can dine on soul food staples and may have to resist the urge to get up and dance while listening to Detroit-style blues performed by live bands.
Watch bands perform live at Detroit Blues Cafe located on Gratiot Avenue in Franklin.
Find all your home furnishings at the dozens of shops located along Gratiot Avenue in Franklin.
Peking Chinese Foods is a great option for feeding the entire family at the end of the day.
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Young athletes practice at Wish Egan Field
Residents live within a few blocks of some of northeast Detroit’s most popular outdoor spaces, among them Calimera Park, whose vast fields, walking paths, and playground facilities offer a pleasant setting for outdoor recreation and relaxation. The Wish Egan Field is a one-stop shop for all activities athletic; test your swing at this park’s two baseball fields, bend it like Beckham on the soccer field, catch a pick-up game of basketball at the courts, or have an al fresco meal beneath a picnic shelter.
Children will enjoy spending hours at Calimera Park's playground.
Take a stroll or go for a jog around Wish Egan Field, which spans an entire city block.
Children will enjoy the newly installed playscape at Wish Egan Field in Mohican Regent.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Henry Laurent,
an experienced agent in this neighborhood.
Parks in this Area
Calimera Park
Trails
Wish Egan Field
Picnic Area
Playground
Edmore Marbud Park
Horne Square Park
Transit
Airport
Windsor International
40 min drive
Bus
Schoenherr & 7 Mile Rd
Bus
Schoenherr & Lappin
Bus
Gratiot & 7 Mile
Bus
Schoenherr & Saratoga
Bus
7 Mile & Reno
Bus
Schoenherr & Linnhurst
Bus
Gratiot & Park Grove
Crime and Safety
1 - Low Crime, 10 - High Crime
Franklin
US
Homicide
10
4
Sexual Assault
7
4
Assault with Weapon
9
4
Robbery
8
4
Burglary
6
4
Motor Vehicle Theft
6
4
Larceny
4
4
Crime Score
7
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Franklin, Detroit sell after 55 days on the market compared to the national average of 48 days. The average sale price for homes in Franklin, Detroit over the last 12 months is $86,006, up 37% from the average home sale price over the previous 12 months.
Welcome to the latest offering from the Detroit land Bank Authority. Calling all investors. We give you a rare opportunity own 2 homes on one lot. 3 Bedroom brick colonial on the street and a 2 bedroom ranch in the back where the garage would be. Both homes need total rehab, but it could make for a great investment. Live in one and rent out the other. Bring your ideas and your hard hat and
Investor Special! Exceptional investment opportunity with strong, stabilized rents with a 15% cap rate. This package deal includes an 8-unit apartment building and a 12-unit apartment complex, totaling 20 units. • 8-Unit Complex: Features updated windows and newer HVAC systems. • 12-Unit Complex: Equipped with newer HVAC systems. • All Units: 1-bedroom, 1-bathroom layouts in good condition. •
Nice updated one bedroom apartment! Housing programs and vouchers are accepted. Please contact property manager Niki directly for showings and with questions. Application links available on Zillow and through Rentspree. Studio is available for $650.
Interested in learning more about homes in this area?
Reach out to
Henry Laurent,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
4,444
Median Age
36
Population Density
13 ppl/acre
Population under 18
28%
On par with the national average
23.8%
Population over 65
14.7%
On par with the national average
19.1%
Finances
Median Household Income
$43,836
Significantly below the national average
$71,702
Average Household Income
$47,016
Education and Workforce
High School Graduates
87%
College Graduates
5.4%
Significantly below the national average
34.1%
Advanced Degrees
1.5%
Below the national average
13.3%
% Population in Labor Force
67.9%
Weather
Annual Precipitation
30''
Average Winter Low Temperature
20°F
Average Summer High Temperature
83°F
Annual Snowfall
38''
Area Factors
Bikeable
Bike Score®
63/ 100
Somewhat Walkable
Walk Score®
69/ 100
Good Transit
Transit Score®
53/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.