240 M St SW #E503, Washington, DC 20024
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Property image
OFF MARKET

240 M St SW #E503
Washington, DC 20024

Southwest Waterfront
  • Studio
  • 1 Bath
  • 484 sqft

$187,600

Trulia Estimate
as of Jul 31, 2026

$187,600

Trulia Estimate
as of Jul 31, 2026
Studio
1 Bath
484 sqft

Local Information

  • Map ViewExplore the area around 240 M St SW #E503.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Apartment
Living Area
484 sqft
Price/Sqft
$388

About this House

Stunning Studio Condo in Southwest Waterfront! Bright and well-maintained, this studio condo features an open floor plan with a large window that bring in plenty of natural light. The kitchen includes ample cabinetry, updated appliances, a countertop and plenty of cabinetries. The full bathroom provides generous storage space. Step out onto the private balcony for fresh air and city views. Assigned parking is included, along with access to community amenities such as a pool and concierge!

Nearby Local Attractions

- The Wharf A vibrant waterfront destination with restaurants, shops, live music venues, and water activities.
- Maine Avenue Fish Market The oldest continuously operating open-air fish market in the U.S., offering fresh seafood daily.
- Titanic Memorial & Southwest Waterfront Park A riverside park featuring a historic monument and serene walking areas.
- Union Stage A popular indoor venue hosting concerts and local music events.
- Anacostia Riverwalk Trail A scenic multi-use trail perfect for walking, running, and biking along the waterfront.

Nearby Metro Stations

- Waterfront Metro Station (Green Line) Located just across the street for easy access to the rest of the city.
- Navy YardBallpark Metro Station (Green Line) A short walk away, offering additional Green Line connectivity.

Small pets are considered on a case-by-case basis and with additional non-refundable pet fee!

Property could be subject to Move In/Move Out Fees. Please contact the Agent for more information.

Application Qualifications: Minimum monthly income 3 times the tenant's portion of the monthly rent, acceptable rental history, credit history and criminal history consistent with District of Columbia law. More specific information provided with the application. Bay Property Management Group will not refuse to rent a rental unit to a person because the person will provide the rental payment, in whole or in part, through a voucher for rental housing assistance provided by the District or Federal Government.

All Bay Management Group residents are automatically enrolled in the Resident Benefits Package (RBP) for $39.95/month, which includes renters insurance, $1M Identity Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! The Resident Benefits Package is a voluntary program and may be terminated at any time, for any reason, upon thirty (30) days' written notice. Tenants that do not upload their own renters insurance to the Tenant portal 5 days prior to move in will be automatically included in the RBP and the renters insurance program. More details upon application.

Virtual Tour:
240 M St SW #E503, Washington, DC 20024 is a studio, 1 bathroom, 484 sqft apartment in Southwest Waterfront. It last sold for $199,900 on Oct 27, 2005 (11,323% above the $1,750 asking price). More recently, it was listed as a rental in July 2025 with an asking price of $2,000 per month. That rental listing was removed on August 22, 2025. It is currently off market. The Trulia Estimate is $187,600, with a rent estimate of $1,718/month.

Home Details for 240 M St SW #E503

Property Information

Property Type / Style
Property Type: Apartment

Rental Terms, Policies & Fees

Lease Term: Contact For DetailsAvailable: now

Interior Features

Appliances & Utilities
DishwasherDisposalMicrowaveRefrigerator
Levels, Entrance, & Accessibility
Floors: Carpet

Exterior Features

Pool
Pool
Parking & Garage
Parking: Off Street Parking, On Site

Additional Information

Pool

Price History for 240 M St SW #E503

DatePriceEventSource
08/22/2025$1,750ListingRemovedZillow Rentals
08/13/2025$1,750PriceChange
Zillow Rentals
07/30/2025$2,000Listed For RentZillow Rentals
10/27/2005$199,900Sold
N/A

Market trends in Washington

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$671K
$42KMoM
Sale-to-List Price
99.7%
0.6%MoM
Price per sq ft
$503
$21MoM
Available listings
3238
7MoM
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Property Tax and Assessment

Year2025
Tax$1,882
Assessment$237,100
Home facts updated by county records

Comparable Sales for 240 M St SW #E503

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
800 4th St SW #N113, Washington, DC
0.28
Apartment
$284,440
04/22/26
1
1
610
350 G St SW #N226, Washington, DC
0.32
Apartment
$114,250
02/25/26
1
558
700 7th St SW #515, Washington, DC
0.44
Apartment
$175,000
04/08/26
1
1
740
117 E St SE, Washington, DC
0.72
Apartment
$265,000
02/03/26
1
1
440
115 E St SE, Washington, DC
0.72
Apartment
$370,001
04/29/26
1
1
500
115 E St SE, Washington, DC
0.72
Apartment
$490,000
04/10/26
2
2
810
122 F St SE, Washington, DC
0.69
Apartment
$1,390,000
05/12/26
2
1
1,874
801 Pennsylvania Ave NW #03, Washington, DC
1.32
Apartment
$445,000
09/18/25
1
1
539
305 C St NE #302, Washington, DC
1.39
Apartment
$340,000
10/09/25
1
1
715
312 A St SE, Washington, DC
1.15
Apartment
$1,200,000
07/01/26
1
1
700
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 240 M St SW #E503.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Southwest Waterfront
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Southwest Waterfront

At least 183 Trulia users voted on each feature.

  • 97 % Say there are sidewalks

  • 96 % Say it's dog friendly

  • 92 % Say it's walkable to restaurants

  • 91 % Say it's walkable to grocery stores

  • 83 % Say streets are well-lit

  • 70 % Say people would walk alone at night

  • 60 % Say there's holiday spirit

  • 53 % Say neighbors are friendly

  • 52 % Say kids play outside

  • 47 % Say there are community events

  • 40 % Say it's quiet

  • 35 % Say parking is easy

  • 35 % Say they plan to stay for at least 5 years

  • 30 % Say car is needed

  • 27 % Say yards are well-kept

  • 23 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Jay A. Tilden
    "The public schools are getting better, but only a few areas are really good. So be ready for private school tuition. "
    0
    Flag
  • Trulia User
    "This are is very walkable. Parking is limited and expensive. Plan to walk or take public transportation."
    1
    Flag
  • Trulia User
    "Dogs are everywhere and the tap water smells like dog urine Dogs parks are local and clean but overly crowded with dogs "
    0
    Flag
  • Trulia User
    "Living here for 24 years. Vibrant waterfront and quiet at the same time. Property is expensive and historic site are easily accessible. "
    2
    Flag
  • Trulia User
    "I never have dog and not going to have dog. mostly I saw dog owners always walk the, cleaned up after them. most dogs are kind and nice. I have no problems with dogs or cats at all."
    0
    Flag
  • Trulia User
    "water front dining, entertainment, kayaking, walk to the national mall and capitol buildings. 1 block from water and 1 block from metro station."
    1
    Flag
  • Raquel J.
    "Cleanliness and proximity to the Wharf, shopping and dining. Residential and family friendly area. Not too noisy. "
    9
    Flag
  • Mahernandez1206
    "There are people walked ng there dogs and taking them to the dog park, have not run into an aggressive dog and for the most party owners pick up after their dogs"
    3
    Flag
  • Olga
    "Right next to 3 metro stations (Waterfront SW, L’Enfant plaza, Federal Center SW, steps to the District Wharf, easy walk to the National Mall, Capital, China town"
    3
    Flag
  • Jess.lorr.wolf
    "Lots of dogs! Responsible owners and mostly friendly pups. Would recommend the area for someone with a dog."
    2
    Flag
  • Lyssa M.
    "Lots of dogs around, plenty of shady wooded areas to walk your pup! You can walk along the wharf and water too!"
    1
    Flag
  • Micah M.
    "Weekend farmers market at waterfront. Fish market. A lot of local parks and grocery stores in the neighborhood, make it feel good for growing a family. It’s also walking distance from monuments and museums."
    4
    Flag
  • Mary W.
    "There are many families in the area. Lots of schools and places to eat. Nice but noisy neighborhood. Close to Nat's park."
    0
    Flag
  • Kevin C.
    "The parks, grass, sidewalks are like a vacation everyday. It’s a rule abiding responsible pet owners paradise. The people are as nice as the dogs! "
    1
    Flag
  • AudreaHennis
    "I have lived in the neighborhood for 10 years. I love the accessibility to everything! And especially, the beautiful waterfront wharf."
    3
    Flag
  • Mark K.
    "They would love it it is a safe place to walk your dog and there are plenty of green areas. They also have poop bag stations at the wharf close by"
    0
    Flag
  • Kevin C.
    "Convenient, Peaceful, friendly and scenic park-like setting adjacent the Wharf and all the finest urban amenities of the Capital region. "
    0
    Flag
  • Melinda Z.
    "Great access to anywhere in DC Maryland and Virginia. Convenient to all tourist attractions within walking distance "
    0
    Flag
  • Ceimone H.
    "great access to the metro! green and blue/orange/silver right down the street. highly recommended!!!"
    0
    Flag
  • Ash P.
    "you can walk to basically anywhere in DC, the Mall and a food truck is our fave, but the Warf also has some nice dog friendly outdoor eating in the summer, people are friendly, quaint dog park in SW. Be responsible and pick up after you dog"
    0
    Flag
  • Trulia User
    "Sw Market on Saturdays in the summer. Community garden and basketball courts, blind whino art gallery, also grocery, restaurants and the wharf all in walking distance. So much to do!"
    0
    Flag
  • Larry B.
    "Lived in all 4 quadrants of DC , SW is the most livable in my opinion. Close enough via metro to popular areas , convenient to highways and with Arena Stage and the venues at The Wharf plenty of entertainment. Best neighborhood if you have a dog !"
    6
    Flag
  • Sarah M.
    "The neighborhood is slowly transitioning into one with small children. We feel safe walking to the Wharf, the museums, shopping and taking the metro. We love Southwest Waterfront!"
    1
    Flag
  • Lúvvàh S.
    "Everything. Farmers Market, Live Bands, Events, Water for Relaxation, and The Wharf Seafood! Southwest Waterfront is an Ideal Location. I Love It Here!"
    0
    Flag
  • RRB
    "I walk from Waterfront to Washington Naval Yard base and have to pass an area where weed permeates the area it I still feel safe."
    1
    Flag
  • Asktodd
    "The new Wharf Development at the DC Waterfront is an awesome addition to the Southwest neighborhood. The annual Capital Fringe Festival brings excitement to the neighborhood."
    1
    Flag
  • Temren W.
    "Great area. A little dicey on certain streets. I love living here and I’m sure it’s a pretty good place to raise children."
    0
    Flag
  • Thepfsor
    "The hottest neighborhood in DC! The Wharf is on the waterfront and easy access to transportation. Close to all DC sites"
    3
    Flag
  • Gomezg
    "The waterfront area next to the park is peaceful, but the action is the wharf is just a few steps way "
    1
    Flag
  • Ari D.
    "We have a beautiful waterfront with all the restaurants at the Wharf, and the scenery is amazing."
    0
    Flag
  • Ari D.
    "The schools are great here."
    0
    Flag
  • Natalie S.
    "It's quiet without being removed from the city. My favorite neighborhood event is the Saturday farmers' market. It's nice to be able to get farm fresh produce close to home."
    0
    Flag
  • Natalie S.
    "It's an easy commute. We're close to 395 to go to Virginia, and we're close to three different Metro stops to make it an easy commute."
    0
    Flag
  • Natalie S.
    "It's a quiet neighborhood with young professionals and young families."
    0
    Flag
  • Jean D.
    "We're a modern, unique community with lots of new places and a great farmers' market on Saturdays. The Wharf is fabulous, with plenty of restaurants."
    0
    Flag
  • Jean D.
    "Most places are walkable, especially the mall."
    0
    Flag
  • Jean D.
    "We're a diverse and ever-improving community."
    0
    Flag
  • Mere P.
    "It's not a great neighborhood for children. More of an adult area."
    0
    Flag
  • L v. h. S.
    "Everything is Here! Plenty of Peace by the Water! Food, Grocery, Outdoors. Everything is within Walking or Biking Distance. "
    0
    Flag
  • Myrica R.
    "by the Only DC wharf: recently re-done and open air seafood market. Diverse economically and race wise. Multiple businesses. Very close to s.e. line."
    1
    Flag

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Off Market Homes Near 240 M St SW #E503

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