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490 M Street SW W505Washington, DC 20024

For Sale

$239,000

Smart Buyer Rebate - Ask

Exceptional Value at the SW Waterfront – Priced at $239K. Estate says make an offer. Possible tandem parking available to purchase with this unit. Call listing agent for details.

This is a rare opportunity to own a spacious one-bedroom home in the highly desirable SW Waterfront at an incredible price point. A neighboring unit is reportedly under contract at $399K with a parking space—making this offering at $260K an outstanding value in a well-maintained and professionally managed building.

Enjoy stunning river views from your large private balcony in this beautifully updated residence. The home features new luxury vinyl flooring, fresh paint throughout, updated countertops, and brand-new appliances, including a dishwasher, sink, and range.

The expansive living and dining areas open directly to the balcony, filling the space with natural light and offering peaceful water views throughout the day. The generously sized bedroom provides a comfortable retreat with ample storage.

Fee breakdown is as follows: Co-op fee of $598, estimated taxes of approximately $137/month, and utilities and amenities at $562/month—for a total all-inclusive monthly cost of $1,298.

Located in the sought-after Tiber Island community, residents enjoy a full suite of amenities including a 24-hour front desk, on-site management, fitness center, community center, and a beautiful outdoor pool with grilling areas. Just steps from Waterfront Park, the riverfront promenade, and the vibrant Wharf, you’ll have easy access to dining, shopping, entertainment, and cultural destinations like Arena Stage and the Smithsonian.

Experience the best of waterfront living—space, value, and location all in one.

Listed by Mark Oliver Meyerdirk

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License #PB98360195

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Urban Brokers, LLC

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2024896150

Last updated May 28, 2026

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Source: BrightMLS #DCDC2259520

Listing Facts

  • TypeCo-op
  • NeighborhoodSouthwest Waterfront
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu46
  • Taxes$1,644/year
  • Size800 sqft
  • Price per sqft$299

Amenities

  • Pool - Outdoor

Location

Mortgage Calculator

Listing History

05/28/2026
Price Decreased
$239,000
05/01/2026
Listed by Urban Brokers, LLC
$260,000

Property Details for 490 M Street SW W505

Association

Amenities

  • Association Amenities: Pool - Outdoor

Fees

  • Association Fee 2: $1,298.00 Monthly
  • Association Fee Includes: Water, Electricity, Heat, Management, Taxes, Pool(s), Health Club, Reserve Funds

Exterior

Construction

  • New Construction: No
  • Year Built: 1966
  • Architectural Style: Contemporary
  • Construction Materials: Block
  • Entry Level: 5

Features

  • Direction Faces: South
  • Other Structures: Above Grade
  • Waterfront: No

Financial

Taxes

  • Tax Annual Amount: $1,644.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Laminate Plank

Measurements

  • Living Area: 800
  • Living Area Source: Estimated

Rooms

  • Has Basement: No
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Main Level Bedrooms: 1

Other

Features

  • Accessibility Features: Elevator

General

  • Senior Community: No

Location

  • Subdivision Name: SW WATERFRONT

Parking

Parking

  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Parking Fee, On-site - Sale

Schools

Elementary School

  • Elementary School: AMIDON-BOWEN

High School

  • High School: WILSON SENIOR

Middle or Junior School

  • Middle Or Junior School: JEFFERSON MIDDLE SCHOOL ACADEMY

Utilities

Equipment

  • Cooling: Zoned
  • Heating: Zoned
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this co-op have?

There is 1 bedroom and 1 bathroom in this co-op at 490 M Street SW W505.

What schools are nearby to 490 M Street SW W505?

Nearby schools include the AMIDON-BOWEN Elementary School, JEFFERSON MIDDLE SCHOOL ACADEMY, and WILSON SENIOR High School.

Does this co-op have parking?

Yes, there is 1 parking space available for 490 M Street SW W505.

What are the annual taxes for 490 M Street SW W505?

Annual taxes for this co-op are estimated at $1,644.

How does 490 M Street SW W505 compare to other co-ops in Southwest Waterfront?

This co-op is listed 35% below the average price for co-ops in Southwest Waterfront and has been on the market for 50 less days than the typical home in this area.

What is the square footage on this co-op?

According to the MLS, this listing is 800 sqft.

490 M Street SW W505 is a 1-bedroom, 1-bath co-op for sale in WASHINGTON DC 20024. Available on Prevu for 46 days at $239,000. This includes a recent price decrease of $21,000. This residence features 800 square feet of living space, located in Southwest Waterfront. The median listing price for co-ops in this area is $427,000. Nearby schools include AMIDON-BOWEN Elementary School, JEFFERSON MIDDLE SCHOOL ACADEMY, and WILSON SENIOR High School. Additional amenities include pool - outdoor. Browse more co-op listings in Washington.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.