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490 M Street SW W705 & 709Washington, DC 20024

For Sale

$450,000

Smart Buyer Rebate $1,250

*** 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

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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.

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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.