*** BACK ON MARKET WITH $80K PRICE REDUCTION *** Rarely available 7th floor 1,400 square foot combined unit for sale in Tiber Island’s desirable West building with spectacular river views from the unit and it’s two balconies from which to watch ever changing sunsets! This is a unique opportunity to have a 1,400 square foot unit with 2 Balconies, River views, Southern exposure at Tiber Island, across the street from Waterfront Metro! The combined unit--formerly a One Bedroom and an Efficiency--is a blank slate and available for sale in its current condition (not renovated) and gives you the opportunity to design your dream apartment yourself. Currently there are two kitchens, if wanted one of them can be changed into a laundry room which is permissible (upon Tiber Island approval). A sample floor plan of a potential three bedroom design is in the photos section. Garage parking space available for additional $50,000. Tiber Island Cooperative Homes has a beautiful outdoor pool, two gyms open 24/7, a 24-hr DESK, newly renovated lobbies, and lots of beautifully landscaped common grounds. Coop fee $1,196\mo, all utils/cable/WiFi/HVAC maintenance $944\mo, real estate taxes $229\mo - approximately 50% less than an equivalently priced condominium. Across street from Waterfront Metro, new Wharf, Safeway, CVS, Arena Stage, more! Steps 2 Nats Park, Audi Field, National Mall, Navy Yard, Hains Point, bike and jogging paths!
Listed by Steven L. Gross
·
Welcome Home Realty, LLC
·
2022101984
Last updated February 18, 2026
·
Source: BrightMLS #DCDC2198088
Listing Facts
TypeCo-op
NeighborhoodSouthwest Waterfront
Bedrooms2
Bathrooms2
Days on Prevu321
Taxes$2,580/year
Size1,400 sqft
Price per sqft$321
Amenities
Dishwasher
Elevator
Pool - Outdoor
Location
Mortgage Calculator
Listing History
02/18/2026
Status changed to Active
$450,000
02/18/2026
Price Decreased
$450,000
02/01/2026
Status changed to In Contract
$529,900
08/11/2025
Price Decreased
$529,900
04/29/2025
Listed by Welcome Home Realty, LLC
$549,900
Property Details for 490 M Street SW W705 & 709
Association
Amenities
Association Amenities: Elevator, Exercise Room, Extra Storage, Party Room, Pool - Outdoor, Recreational Center, Security, Community Center
Pets Allowed: Dogs OK,Cats OK
Fees
Association Fee 2: $1,166.00 Monthly
Association Fee Includes: Ext Bldg Maint, Management, Insurance, Pool(s), Recreation Facility, Reserve Funds, Snow Removal, Trash, Other, Alarm System, Common Area Maintenance, Custodial Services Maintenance, Health Club, Laundry, Lawn Care Front, Lawn Care Rear, Lawn Care Side, Lawn Maintenance
Exterior
Construction
New Construction: No
Number Of Units Total: 389
Property Attached: Yes
Property Condition: Major Rehab Needed, Below Average
Roof: Concrete
Window Features: Energy Efficient, Sliding
Year Built: 1966
Architectural Style: Contemporary
Building Name: TIBER ISLAND
Construction Materials: Brick
Entry Level: 7
Exterior Features: Water Fountains, BBQ Grill, Exterior Lighting, Lawn Sprinkler, Play Area, Secure Storage, Sidewalks, Underground Lawn Sprinkler, Other
Features
Direction Faces: West
Other Structures: Above Grade
Patio And Porch Features: Balcony
View: Water, Garden/Lawn, Street, Trees/Woods, Panoramic, River, Scenic Vista
Waterfront: Yes
Financial
Taxes
Tax Annual Amount: $2,580.00
Tax Year: 2025
Interior
Features
Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Gas
Fireplace: No
Flooring: Hardwood, Ceramic Tile, Other
Interior Features: Kitchen - Galley, Built-Ins, Wood Floors, Combination Dining/Living, Dining Area, Floor Plan - Open, Bathroom - Tub Shower
Measurements
Living Area: 1,400
Living Area Source: Estimated
Rooms
Has Basement: No
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 2
Main Level Bedrooms: 2
Other
Features
Accessibility Features: Other, Ramp - Main Level
General
Senior Community: No
Location
Subdivision Name: WATERFRONT
Water Body Name: WASHINGTON CHANNEL
Parking
Parking
Garage: No
Parking Features: Lighted Parking, On-site - Sale
Schools
Elementary School
Elementary School: AMIDON-BOWEN
High School
High School: JACKSON-REED
Middle or Junior School
Middle Or Junior School: JEFFERSON MIDDLE SCHOOL ACADEMY
Utilities
Equipment
Cooling: Programmable Thermostat, Zoned
Heating: Zoned
Has Heating: Yes
Sewer: Public Sewer
Utilities: Cable TV Available, Natural Gas Available, Phone Available, Water Available, Sewer Available, Cable TV
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this co-op have?
There are 2 bedrooms and 2 bathrooms in this co-op at 490 M Street SW W705 & 709.
What schools are nearby to 490 M Street SW W705 & 709?
Nearby schools include the AMIDON-BOWEN Elementary School, JEFFERSON MIDDLE SCHOOL ACADEMY, and JACKSON-REED High School.
What are the annual taxes for 490 M Street SW W705 & 709?
Annual taxes for this co-op are estimated at $2,580.
How does 490 M Street SW W705 & 709 compare to other co-ops in Southwest Waterfront?
This co-op is listed 23% above the average price for co-ops in Southwest Waterfront and has been on the market for 225 more days than the typical home in this area.
What building or home owners association is the co-op part of?
This co-op is in the TIBER ISLAND building.
What is the square footage on this co-op?
According to the MLS, this listing is 1,400 sqft.
490 M Street SW W705 & 709 is a 2-bedroom, 2-bath co-op for sale in WASHINGTON DC 20024. On Prevu for 321 days at $450,000. This includes a recent price decrease of $79,900. This home features 1,400 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 JACKSON-REED High School. Property amenities include dishwasher, elevator, and pool - outdoor. Explore more co-op listings in Washington.
The data relating to real estate for sale on this website appears
in part through the BRIGHT Internet Data Exchange program, a voluntary
cooperative exchange of property listing data between licensed real
estate brokerage firms in which participates, and is provided by BRIGHT
through a licensing agreement. The information provided by this website
is for the personal, non-commercial use of consumers and may not be used
for any purpose other than to identify prospective properties consumers
may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.
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.