Multifamily Development Opportunity in
For Sale
$650,000
1109 Dearborn St., Caldwell, ID 83605
Shovel-ready 21-unit complex near College of Idaho.
Property Size23,355 SF
Days on Market143
Property Features for 1109 Dearborn St.
General Information
Standard status
Active
Size
23,355 SF
Property subtype
Multifamily
Building Details
Building Size
23,355 SF
Listing Agency:
(208) 629-6003
Listed By:
Mike Erkmann, CCIM · License #ID DB26711
(208) 629-6003
Source:
Naiglobal
Added: Apr 1
Changed: Aug 8
Last Checked: Jul 16 at 7:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mike Erkmann, CCIM
Investment Insights
Based on property information with market context.
This is an opportunity for multifamily or high-rise investors. The property is a 23,355 square foot building encompassing 21 units within the Caldwell area. The property is shovel-ready and fully entitled, with permits ready for pickup at the City of Caldwell, allowing for an immediate construction start date. The complex will feature a mix of one, two, and three-bedroom units, boasting exterior design and floor plans. Specifically, the complex includes one 1-bedroom, 1-bath unit; seventeen 2-bedroom, 2-bath units; and three 3-bedroom, 2-bath units. The property offers 19 paved parking spaces and a dedicated bicycle storage area. The property is located in the growing downtown Caldwell core, minutes away from the College of Idaho, Indian Creek, and Lux Theater.
Key Highlights
- Shovel‑ready property with full entitlements and building permits ready for pickup, allowing for immediate construction start.
- 21‑unit complex with a mix of one, two, and three‑bedroom units, offering diverse rental options.
- Strategically located minutes from the College of Idaho, Indian Creek Redevelopment, and Lux Theater.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,384
Businesses Nearby
Explore this area
Business Placement
Demographics for 83605, ID
38,561
Population
14,197
Households
2.7
Avg Household Size
32
Median Age
14%
College-Educated
80%
High-School Grad
24.6 sq mi
ZIP Area
1,568
Density / Sq Mi
$60,657
Median Household Income
$31,806
Median Earnings
$973
Median Rent
$300,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Shovel-ready 21-unit complex near College of Idaho.
Where is this residential land & home lot located?
The property is located at 1109 Dearborn St. Caldwell, ID.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Shovel‑ready property with full entitlements and building permits ready for pickup, allowing for immediate construction start.; 21‑unit complex with a mix of one, two, and three‑bedroom units, offering diverse rental options.; Strategically located minutes from the College of Idaho, Indian Creek Redevelopment, and Lux Theater.
