240 M St SW #E503
Washington, DC 20024
Southwest Waterfront- Studio
- 1 Bath
- 484 sqft
$189,800
as of Jul 31, 2026
$189,800
as of Jul 31, 2026
Studio
1 Bath
484 sqft
Local Information
-- mins to
Home Highlights
Property Type
Apartment
Living Area
484 sqft
Price/Sqft
$392
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:
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 $189,800, with a rent estimate of $1,718/month.
Home Details for 240 M St SW #E503
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Property Type / Style Property Type: Apartment |
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Lease Term: Contact For DetailsAvailable: now |
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Appliances & Utilities DishwasherDisposalMicrowaveRefrigerator |
Levels, Entrance, & Accessibility Floors: Carpet |
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Pool Pool |
Parking & Garage Parking: Off Street Parking, On Site |
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Pool |
Price History for 240 M St SW #E503
| Date | Price | Event | Source |
|---|---|---|---|
| 08/22/2025 | $1,750 | ListingRemoved | Zillow Rentals |
| 08/13/2025 | $1,750 | PriceChange | Zillow Rentals |
| 07/30/2025 | $2,000 | Listed For Rent | Zillow Rentals |
| 10/27/2005 | $199,900 | Sold | N/A |
Market trends in Washington
Last updated June 2026
Avg. sale price
$671K
$42KMoM
Sale-to-List Price
99.7%
0.6%MoM
Price per sq ft
$503
$21MoM
Available listings
3238
7MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
0.28 | Apartment | $284,440 | 04/22/26 | 1 | 1 | 610 | |
0.32 | Apartment | $114,250 | 02/25/26 | 1 | 558 | ||
0.44 | Apartment | $175,000 | 04/08/26 | 1 | 1 | 740 | |
0.72 | Apartment | $265,000 | 02/03/26 | 1 | 1 | 440 | |
0.72 | Apartment | $370,001 | 04/29/26 | 1 | 1 | 500 | |
0.72 | Apartment | $490,000 | 04/10/26 | 2 | 2 | 810 | |
0.69 | Apartment | $1,390,000 | 05/12/26 | 2 | 1 | 1,874 | |
1.32 | Apartment | $445,000 | 09/18/25 | 1 | 1 | 539 | |
1.39 | Apartment | $340,000 | 10/09/25 | 1 | 1 | 715 | |
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.Assigned Schools
These are the assigned schools for 240 M St SW #E503.
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.
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