Nope, it won't bolt up. What most guys use is a trans from a e21 323i. I could only find a 323i 5spd bellhousing, so I put that onto my e21 4cyl trans, and it works fine. So you'll have to start looking for a e21 323i trans, or at least a bellhousing. Although it may be easier to stuff a e30 5speed in there, I believe the e21 tunnel has room.
hope that helps
Matt