Multifamily Development Opportunity in
For Sale
$4,300,000
5106 W Fairview Ave, Boise, ID 83706
LAND - Boise, ID
Property SizeContact for details
Lot Size1.94 Acres
Days on Market105
Property Features for 5106 W Fairview Ave
General Information
Property type
Land
Property subtype
Other
Zoning description
MX-3
Subdivision
Cruzen Mtn View
Lot features
1 Acre - 4.99 Acres, Level
Elementary school
Koelsch
Middle school
Fairmont
High school
Capital
Elementary school district
Boise School District #1
Middle school district
Boise School District #1
High school district
Boise School District #1
Directions
From Orchard and Fairview, West on Fairview to the North side block starting at 5106 Fairview and extending through the NW corner at 5123 Bond.
Standard status
Active
APN
R1625500899,R1625500897,R1625500780,R1625500850
Lot size
1.94 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOTS 28-32 INC BLK 05 CRUZEN MTN VIEW ADD #0895-B; LOTS 25-27 INC BLK 05 CRUZEN MTN VIEW ADD #0895-S; LOTS 1 TO 14 INC BLK 5 CRUZEN MTN VIEW ADD; LOTS 15/16 BLK 5 CRUZEN MTN VIEW ADD
Tax Annual Amount
17958
Legal Description
LOTS 28-32 INC BLK 05 CRUZEN MTN VIEW ADD #0895-B; LOTS 25-27 INC BLK 05 CRUZEN MTN VIEW ADD #0895-S; LOTS 1 TO 14 INC BLK 5 CRUZEN MTN VIEW ADD; LOTS 15/16 BLK 5 CRUZEN MTN VIEW ADD
Listing Agency:
Silvercreek Realty Group
(208) 377-0422
Listed By:
William Cowdry · License #SP53489
(208) 999-1238
Added: Apr 30
Changed: Aug 1
Last Checked: Aug 12 at 7:06AM
MLS# 98984149
Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Fairview Village is a two-phase multifamily development opportunity, approved by Boise's Design Review Commission. This fully entitled site on the Boise Bench allows for 205 units. The seller is offering two separate sets of plans. The current podium build is designed for capital efficiency, with a unit mix intended to capture Boise's active rental demand segment, including workforce and moderate-income households. Flexible execution paths include layered public financing (LIHTC, HUD 221(d)(4), tax-exempt bonds) or a pivot to market-rate garden-style delivery with a strategic capital stack. The property is located in Boise, Idaho. The lot size is 1.938 acres. Boise's market fundamentals include 3.2% rent growth, sub-5.4% vacancy, and a contracted supply pipeline. The entitlements are complete, offering a developer the opportunity to build.
Key Highlights
- Fully entitled 205‑unit multifamily development opportunity.
- Approved by Boise's Design Review Commission.
- Two separate sets of plans offered, including a capital‑efficient podium build.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,947
Businesses Nearby
Explore this area
Business Placement
Demographics for 83706, ID
34,446
Population
15,992
Households
2.2
Avg Household Size
31
Median Age
57%
College-Educated
95%
High-School Grad
7.4 sq mi
ZIP Area
4,655
Density / Sq Mi
$81,101
Median Household Income
$33,331
Median Earnings
$1,378
Median Rent
$488,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Entitled 205-unit multifamily development site on the Boise Bench.
Where is this residential land & home lot located?
The property is located at 5106 W Fairview Ave Boise, ID.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: Fully entitled 205‑unit multifamily development opportunity.; Approved by Boise's Design Review Commission.; Two separate sets of plans offered, including a capital‑efficient podium build.
