- For Sale $700,000
- Property Type Multi-Family
- Property Size 23,355 SF
- Units 21
- Lot Size 0.41 Acre
- Date Updated May 19, 2026
Description
Discover an exciting opportunity for Multifamily investment in Caldwell, ID. Surrounding the location, you'll find an inviting mix of urban convenience and natural beauty. Enjoy easy access to downtown Caldwell and its charming shops, restaurants, and entertainment options. The vibrant community offers a wealth of outdoor recreational activities, including parks, trails, and the scenic Snake River. With its growing economy and strong demand for housing, Multifamily Development Land in this area presents an enticing investment potential. Explore the promising prospects of this dynamic location for your next development project.Introducing an exceptional opportunity for multifamily/high-rise investors: a 23,355 SF building encompassing 21 units within the thriving Caldwell area. This shovel-ready property is fully entitled, with permits ready for pickup at the City of Caldwell. With an immediate construction start date, the complex will feature a mix of one, two, and three-bedroom units, boasting excellent exterior design and thoughtful floor plans. Additionally, the property offers 19 paved parking spaces and a dedicated bicycle storage area. Priced at $925,000, this attractive investment is strategically located just minutes away from the College of Idaho and the exciting New Indian Creek Redevelopment and Lux Theater.
Highlights
- (1) 1 bedroom | 1 bath
- (17) 2 bedroom | 2 bath
- (3) 3 bedroom | 2 bath
- 19 paved Parking spaces along with bicycle storage area
- 21 Unit Complex:
- Building permits ready to be picked up at the City of Caldwell
- Full entitlements in place
- Located in the growing downtown Caldwell core
- Minutes away from College of Idaho, Indian Creek, and Lux Theater
- Project is “Shovel Ready”
False
Contacts
Mike Erkmann, CCIM
NAI Select
Location
Located at 1109 Dearborn St., Caldwell, ID 83605, this property is part of the Dorman's neighborhood and Boise market.
Contact Listing Broker
Mike Erkmann, CCIM
NAI Select