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$259,000

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 800 Sq. Ft.
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Enjoy stunning river views from your large private balcony in this beautifully updated one-bedroom home in the sought-after SW Waterfront. This bright and inviting unit features new luxury vinyl floors, new counters, fresh paint throughout, and brand-new appliances including a new dishwasher, sink, and range. The spacious living and dining areas open directly to the balcony, offering relaxing river vistas and natural light all day. The bedroom provides ample space and comfort, with generous storage options and a serene atmosphere. Located in the desirable Tiber Island community-just steps from Waterfront Park, the riverfront promenade, and the vibrant Wharf-you'll have easy access to dining, entertainment, shopping, and cultural destinations like Arena Stage and the Smithsonian. Tiber Island offers a host of amenities, including a 24-hour front desk, on-site management, a well-equipped gym, community center, and a beautiful outdoor pool with grilling areas. Parking for one car is included, and extra storage is available. Experience peaceful living surrounded by waterfront paths, parks, and neighborhood conveniences-all just moments from everything the SW Waterfront has to offer.

Full Property Details for 490 M St SW #505

General

  • Price: $259,000
  • HOA FEE: $1,193/month
  • Taxes: (2025)
  • Status: Active
  • Type: Condo
  • Source: BrightMLSMidAtlantic
  • MLS ID: DCDC2232878
  • Updated: 2/6/2026
  • Added to Site: 100 day(s) ago

Interior

  • Flooring: Laminate Plank

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedrooms Main & Up: 1

Additional Information

  • Shared Amenities: Pool - Outdoor
  • Shared Pool: Yes
  • Pool: Yes

Parking

  • Parking Type: On Street

Location

  • County: WASHINGTON
  • Subdivision: SW WATERFRONT
  • Driving Directions: From M St take a right on to 6th St SW 1/2 block from Waterfront Metro. The coop's front desk is located at 428 N St. Across the street from Arena Stage towards the water.
  • Direction Faces: South
  • City Limits: Yes

School Information

  • School District: District Of Columbia Public Schools
  • Elementary School: Amidon-Bowen
  • Middle School: Jefferson Middle School Academy
  • High School: Wilson Senior

Community

  • Assoc. Fees Include: Water, Electricity, Heat, Management, Taxes, Pool(s), Health Club, Reserve Funds

Heating & Cooling

  • Cooling Type: Zoned
  • Cooling Fuel: Electric
  • Heating Type: Zoned
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Contemporary
  • Structure Type: Mid-Rise 5 - 8 Floors
  • Construction: Block
  • Entry Floor Number: 5
  • Stories Description: Main
  • Square Feet: 800
  • Sq. Ft. Source: Estimated
  • Living Area: 800 Sq. Ft.
  • Finished Above Grnd: 800 Sq. Ft.
  • Year Built: 1966
  • Year Built Source: Estimated

Lot Features

  • Zoning: RESIDENTIAL

Financial Considerations

  • Price Per Sq. Ft.: $323.75
  • Condo Fee: $1,193
  • Condo Fee Freq: Monthly
  • City/TownTax Freq: Annually
  • Tax w/Assessment: $300,000
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Cooperative
  • Condo: Yes

Listed by Urban Brokers, LLC, Mark Oliver Meyerdirk

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Listing agent

— 490 M St SW #505 —

  • Mark Oliver Meyerdirk

    Urban Brokers, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 490 M St SW #505

School District:District of Columbia Public Schools
NameGradesDistance
Amidon-Bowen Elementary School
401 I Street Southwest, Washington, DC 20024
K-50.3 mi
Jefferson Middle School Academy
801 7th Street Southwest, Washington, DC 20024
6-80.3 mi
Eastern High School
1700 East Capitol Street Southeast, Washington, DC 20003
9-122.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 490 M St SW #505 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/06/2026
Price Reduced
$259,000
-3.72%
MLS
1/13/2026
Price Reduced
$269,000
-10.32%
MLS
11/24/2025
Listed
$299,950
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

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NMLS#: 1598647

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Listed by Urban Brokers, LLC, Mark Oliver Meyerdirk

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490 M Street SW #505, Washington, DC 20024 (MLS# DCDC2232878) is a Condo property with 1 bedroom and 1 full bathroom. 490 M Street SW #505 is currently listed for $259,000 and was received on November 24, 2025. Want to learn more about 490 M Street SW #505? Do you have questions about finding other Condo real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.

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