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$260,000
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Property Description
Exceptional Value at the SW Waterfront - Priced at $260K 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. Monthly costs are highly competitive, with a 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.
Full Property Details
Full Property Details for 490 M St SW #W505
General
- Price: $260,000
- HOA FEE: $598/month
- Taxes: $1,644 (2025)
- Status: Active
- Type: Condo
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2259520
- Updated: 5/1/2026
- Added to Site: 11 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.: $325
- Condo Fee: $598
- Condo Fee Freq: Monthly
- City/TownTax: $1,644
- City/TownTax Freq: Annually
- Tax w/Assessment: $300,000
- Tax Amount: $1,644
- Tax Year: 2025
Disclosures and Reports
- Ownership: Cooperative
- Condo: Yes
Listed by Urban Brokers, LLC, Mark Oliver Meyerdirk
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Schools
Schools serving 490 M St SW #W505
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Amidon-Bowen Elementary School 401 I Street Southwest, Washington, DC 20024 | K-5 | 0.3 mi |
Jefferson Middle School Academy 801 7th Street Southwest, Washington, DC 20024 | 6-8 | 0.3 mi |
Eastern High School 1700 East Capitol Street Southeast, Washington, DC 20003 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 490 M St SW #W505
Date
Details
Price
Change
Source
5/01/2026
Listed
$260,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 490 M St SW #W505
490 M Street SW #W505, Washington, DC 20024 (MLS# DCDC2259520) is a Condo property with 1 bedroom and 1 full bathroom. 490 M Street SW #W505 is currently listed for $260,000 and was received on May 01, 2026. Want to learn more about 490 M Street SW #W505? Do you have questions about finding other Condo real estate for sale in Anacostia? You can browse all Anacostia real estate or contact a Coldwell Banker agent to request more information.

