$350K gets a one-bedroom Eastern Market loft

How much is the loft market changing in Detroit? In the summer of 2015, this FD loft snagged $238,740. Fast forward to January 2017, and it’s asking for an even $350,000.

This FD loft, located on Russell in Eastern Market, is 1,450 square feet, with windows that bring in lots of light to the living space. The kitchen is smallish and there’s also room for a dining table. Stairs lead to the bedroom, which also has a full bathroom and massive closet. And we can’t help but notice the painted cinder blocks. Does anyone know how the heating/cooling holds up in these lofts? We’d love to know.

HOA fees are $313 and the loft includes parking spaces and a storage space. There’s also a courtyard and patio space. Walk to the market and bike everywhere else from here (it’s close to the Dequindre Cut entry). At $241 per square foot, it’s still coming in lower than some other lofts in Midtown, Corktown, and Downtown. Thoughts?

Grid View

• 3434 Russell St #406 [Redfin]