Pending

$3,850,000

7337 W Louden Dr, Magna, UT 84044

24beds

20baths

19,720sqft

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Multi Family

Built in 2020

-- sqft lot

$3,539,500 Zestimate^®

$195/sqft

$2,731/mo HOA

What's special

Built in 2020, this 20-unit asset at 7337 W Louden Grove Drive offers a "turn-key" investment in the high-growth Salt Lake Valley. The property features an exceptional unit mix of 16 expansive 1-bed/1-bath units (902 sq ft) and 4 oversized 2-bed/1-bath units (1,322 sq ft), providing significantly more living space than the market average to attract hard working, long-term tenants. Situated just 15 minutes from Downtown SLC with immediate access to the Hwy 201 corridor, this low-maintenance building combines modern construction with the lifestyle amenities of the Colony Farms community, representing a premier opportunity for long-term appreciation in Utah's strongest rental submarket.

112 days

6

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 24
Bathrooms: 20

Heating

Forced Air

Features

Flooring: Carpet
Windows: Blinds
Has fireplace: No

Interior area

Total structure area: 19,720
Total interior livable area: 19,720 sqft

Property

Parking

Total spaces: 8
Parking features: Garage
Garage spaces: 8

Features

Levels: Three Or More
Has private pool: Yes
Pool features: Fenced, Heated, In Ground, Association

Lot

Size: 6,098 Square Feet

Details

Parcel number: 1421451079
Zoning: R-M/ZC
Zoning description: Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick, Stucco
Roof: Membrane

Condition

Blt./Standing
New construction: No
Year built: 2020

Utilities & green energy

Sewer: Public Sewer, Sewer: Public
Water: Culinary
Utilities for property: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Clubhouse

HOA

Has HOA: Yes
Amenities included: Management, Picnic Area, Playground, Pool, Snow Removal
HOA fee: $32,767 annually

Location

Region: Magna

Financial & listing details

Price per square foot: $195/sqft
Annual tax amount: $32,886
Date on market: 3/12/2026
Listing terms: Cash,Conventional,1031 Exchange
Acres allowed for irrigation: 0
Electric utility on property: Yes

Estimated market value

$3,539,500

$3.36M - $3.72M

$1,785/mo

Price history

Date	Event	Price
6/3/2026	Pending sale	$3,850,000$195/sqft
Source: UtahRealEstate.com #2143840 Report a problem
3/17/2026	Listed for sale	$3,850,000$195/sqft
Source: UtahRealEstate.com #2143840 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 84044

Getting around

6 / 100

Car-Dependent

0 / 100

No Nearby Transit

28 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

3/10
Lake Ridge School
Grades: PK-6Distance: 1 mi
1/10
Scott M Matheson Junior High School
Grades: 7-8Distance: 1.4 mi
3/10
Cyprus High School
Grades: 9-12Distance: 1.8 mi

Schools provided by the listing agent

Elementary: Lake Ridge
Middle: Matheson
High: Cyprus
District: Granite

Source: UtahRealEstate.com. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.