For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Multifamily Development Opportunity in Boise Title is generated by Realmo AI

    5106 W Fairview Ave, Boise, ID 83706

    View on Map
    Claim this Listing
    For Sale
    $4,300,000

    LAND - Boise, ID

    Lot size:
    1.94 Acres
    Added:
    Apr 30, 2026
    Days on Market:
    59
    Last Refresh:
    Jun 27 at 9:06 pm

    Property Features for 5106 W Fairview Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    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

    We can help!

    Contact an agent
    William Cowdry
    William Cowdry

    Listing agent William Cowdry License #SP53489

    Listing office Silvercreek Realty Group 1099 S. Wells, Meridian, ID

    Listing date Apr 30, 2026

    MLS# 98984149 Listing URL

    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.

    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.
    • Unit mix designed for Boise's active workforce and moderate‑income rental demand.
    • Flexible execution paths with layered public financing options or market‑rate garden‑style delivery.
    • Strong Boise market fundamentals: 3.2% rent growth and sub‑5.4% vacancy.

    Overview

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Idaho Stone Ltd. ... Building Supply

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boise
    County
    Ada
    State
    Idaho
    Longitude
    -116.245277
    Latitude
    43.6199241

    FAQs

    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.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message