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.
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.
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.
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.
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.
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.
Clarence Wilson
RCH Brokerage Legacy Inc
(313) 497-5586
171 Total Sales
1 in Franklin
$25,500 Price
Randy Hourani
Keller Williams Legacy
(313) 488-4611
75 Total Sales
1 in Franklin
$37,500 Price
Garrett Blair
Douglas Rose Realty
(517) 258-3037
274 Total Sales
3 in Franklin
$41K - $60K Price Range
Tracey Freeman
KW Domain
(947) 216-2897
87 Total Sales
2 in Franklin
$129,000 Price Range
Paris Laurent
RE/MAX Leading Edge
(313) 362-4908
73 Total Sales
1 in Franklin
$120,000 Price
RP
Renae Palmer
Real Estate Management Specialists Inc
(313) 217-9715
106 Total Sales
1 in Franklin
$21,000 Price
On average, homes in Franklin, Detroit sell after 71 days on the market compared to the national average of 55 days. The median sale price for homes in Franklin, Detroit over the last 12 months is $58,500, down 38% from the median home sale price over the previous 12 months.
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Median List Price
$66,000
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Median Sale Price
$58,500
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Median Single Family Sale Price
$59,250
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Median 2 Bedroom Sale Price
$79,999
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Median Change From 1st List Price
7%
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Last 12 months Home Sales
17
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Median Home Sale Price YoY Change
-38%
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Average Price Per Sq Ft
$52
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Number of Homes
1,387
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Number of Homes for Sale
18
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Median Year Built
1930
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Months of Supply
12.70
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Average Single Family Home Size Sq Ft
1,046
Significantly below the national average
1,935
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Median Lot Size Sq Ft
4,356
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Detroit home prices are climbing as inventory grows and sales slow, putting added pressure on affordability.
$55,000
Calling all investors. Great property to add to your portfolio. Check out this wood colonial that features 3 bedrooms 1 bathroom, kitchen ,dining room, and living room. BATVAI
$40,000
Calling all investors. Great property to add to your portfolio. Check out this bungalow that features 3 bedrooms 1 bathroom, kitchen, and living room. BATVAI
$53,000
Calling all investors. Great property to add to your portfolio. Check out this vinyl bungalow that features 3 bedrooms 1 bathroom, kitchen, living room.
$54,995
Investor Special! 4-bedroom, 1.5-bath all-brick home offering approximately 1,710 sq. ft. Features include a newer roof, newer steam boiler, newer deck, newer living room and dining room flooring, original hardwood floors throughout, original doors and hardware, spacious bedrooms, and potential for an additional bedroom or office. Well-maintained property with strong upside potential. Agent
Kalita Farver Powell Real Estate
$79,999
Fantastic turn key opportunity in Regent Park! 2 bed with streamlined 3 bed potential. Features newer windows, a sealed/Drylocked basement, and boasts a large unfinished bungalow space. Perfect for homeowners or investors looking for a high-yield, low-maintenance property. Just south of 8 Mile with quick access to Gratiot. Don't miss your chance at a solid house with a dry basement.
Jadon Oberg Jim Saros Real Estate Services
$45,000
This spacious 5 bedroom home is being sold as is. Well maintained with some updates. Super private backyard. for entertaining. Motivated Seller. Buyers must present proof of funds or preapproval with offer. EMD to be held by title company.
Tonya Matthews Brewer North American Real Estate LLC
$22,000
Welcome to the latest offering from the Detroit Land Bank Authority. Sale includes 14440, 14412, 14420 and 14430 Manning.The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build
Gene Kelley Real Estate One-Southfield
$104,999
Fantastic turn key opportunity in Regent Park! 2 bed with streamlined 3 bed potential. Features newer windows, a sealed/Drylocked basement, and boasts a large unfinished bungalow space. Perfect for homeowners or investors looking for a high-yield, low-maintenance property. Just south of 8 Mile with quick access to Gratiot. Don't miss your chance at a solid house with a dry basement.
Jadon Oberg Jim Saros Real Estate Services
$2,999,999
**Detroit Multifamily Portfolio – Portfolio Sale Only** Rare opportunity to acquire a portfolio of six multifamily properties in the City of Detroit. **All six properties are being sold together as a single portfolio package. The seller will not consider the sale of individual properties at this time.** The current owner/developer is located out of state and has decided to sell the entire
John Goci EXP Realty Main
$90,000
Step into opportunity with this completely renovated commercial space, in a highly accessible location near the intersection of E. 7 Mile Road & Schoenherr. From the moment you enter, you’ll notice the fresh, modern finishes and versatile open-concept layout designed to accommodate a variety of business concepts.The main front area offers a spacious, open floor plan with brand-new flooring,
Jasmine Anderson EXP Realty Main
$50,000
Prime Investment Opportunity! This bundled package includes two multi-family homes (13505 & 13449 Greiner St) and two vacant land parcels (13523 & 13515 Greiner St), offering incredible potential for investors and developers alike. The multi-family properties generate steady rental income, while the adjacent vacant lots provide space for expansion or new construction. Conveniently located in a
Erick Monzo Keller Williams Realty-Great Lakes
$49,900
Handyman special. Cash offers only.
Ronald Coleman EXP Realty Main
$900 per month
Spacious 1 bedroom, 1 bath apartment available for rent in Detroit. Month-to-month lease opportunity at $900 per month. Conveniently located near major roads, shopping, dining, and public transportation. Unit offers comfortable living space with a functional layout and great natural light. Perfect for tenants seeking flexibility and affordability. All information deemed reliable but not
Darroll Jenkins Community Choice Realty Inc
$1,350 per month
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Number of Homes for Rent
5
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Median Rent
$1,400
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Median Single Family Home Rent
$1,450
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Median 4 Bedroom Single Family Home Rent
$1,500
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Median Condo Rent
$1,350
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Total Population
4,444
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Median Age
36
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Population Density
13 ppl/acre
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Population under 18
28%
On par with the national average
23.8%
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Population over 65
14.7%
On par with the national average
19.1%
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Median Household Income
$43,836
Significantly below the national average
$79,597
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Average Household Income
$47,016
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High School Graduates
87%
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College Graduates
5.4%
Significantly below the national average
34.1%
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Advanced Degrees
1.5%
Below the national average
13.3%
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% Population in Labor Force
67.9%
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Annual Precipitation
30''
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Average Winter Low Temperature
20°F
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Average Summer High Temperature
83°F
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Annual Snowfall
38''
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Bikeability
Walkability
Transit
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
Urban suburb 8 miles from Downtown Detroit undergoing revitalization
A community of charming, brick-built homes at Detroit's northern limits.
Suburb of Detroit rooted in community and home to the Harpos Concert Theater
A promising community along 8 Mile Road, full of vintage Tudor homes.
Tight-knit community with a neighborhood garden in Detroit's east side
Brick Tudors line grid-patterned streets in this vintage neighborhood of Detroit.