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Executive Summary

~Wellesley Court Apartments & Wellesley Annex Apartments~
Total Price: $8,675,000
- Two Buildings with 65 Total Units, Consisting of 63 Residential Units, 2 Retail Spaces, and a Parking Lot
- In Total 20,000 SF Lot; Half of a City Block
- Broker/Owner
- Neighborhood Offers Easy Access to Shopping, Cafes, Restaurants, & More
- Walk Score of 94: Considered "Walker's Paradise"
- Bike Score of 97: Considered "Biker's Paradise"
~Wellesley Court Apartments~
- Premium Close-In Location at the Corner of SE Belmont & SE 15th
- Convenient Access to Tri-Met Transportation System
- Street Parking is Readily Available
- Great Unit Mix Featuring One-Bedroom Units, Double Studios, & Studios with Great Views of Downtown
~Wellesley Annex Apartments~
- Desirable Corner Lot Located on SE Belmont & SE 14th
- Desirable Mixed Use Building: Consists of 7 Residential Units & 2 Retail Spaces
- Charming, Large Units with Great Floor Plans & Tons of Light
- Long-Term Restaurant Tenant with New Lease, Highly Acclaimed Vegan Restaurant (ASTERA Restaurant)
- Below Grade Parking Garage Included
- Many Upgrades to Include Updated Electric, Membrane Roof, and Interior Unit Upgrades
Link to Marketing Website:
https://wellesley.apartmentsnorthwest.com/
Call or Email For More Details!

Property Facts

Price $12,072,998 CAD
Price / SF $272.41 CAD / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 44,320 SF
Total Land Area 0.46 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Wellesley Court Apartments
829 SE 15th Ave, Portland, OR 97214
Multifamily 34,920 SF 1911 -
Wellesley Annex Apt
1403-1407 SE Belmont St, Portland, OR 97214
Multifamily 9,400 SF 1927 -
Show More > < Show Less
  • Listing ID: 40011666

  • Date on Market: 2026-04-02

  • Last Updated:

  • Address: Wellesley Court & Annex Apartments, Portland, OR

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