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$3,850,000
MLS #2143840
Beds
24
Baths
20
Sq Ft
19,720
Lot
0.14 ac
Built
2020
Garage
8 car
Private pool
About this home
This home for sale at 7337 W LOUDEN DR Magna, UT 84044 has been listed at $3,850,000.
Full description
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.
Property highlights
- 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. .
- Luxury property with premium finishes and exceptional attention to detail.
- Spacious 24 bedroom home perfect for comfortable living.
- 19,720 sq ft of thoughtfully designed living space.
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Start your searchProperty details
- Property Type
- Residential
- Sub-type
- > 4 Units
- Status
- Active
- Days on Market
- 0
- Bedrooms
- 24
- Bathrooms
- 20
- Year Built
- 2020
- Stories
- 0
- Living Area
- 19,720 sq ft
- Lot Size
- 0.14 acres
- Price/sqft
- $195.23
- Garage Spaces
- 8.00
- Parking Total
- 8.00
- Pool
- Yes
- County
- Salt Lake
- City
- Magna
- Zoning
- Multi-Family
- HOA Fee
- $2,730.58/mo
- Tax Annual
- $32,886
- Preferred Financing
- Cash,Conventional,Exchange
- Parcel #
- 14-21-451-079
- MLS Area
- Magna; Taylrsvl; WVC; SLC
- Listed By
- Newmark Mountain West
Building & construction
- Roof
- Membrane
- Construction
- Brick,Stucco
- Flooring
- Carpet
Garage & parking
- Garage spaces
- 8.00
- Parking total
- 8.00
- Covered spaces
- 8.00
- RV parking
- 0.00
Pool & spa
- Fenced
- Heated
- In Ground
Utilities
- Natural Gas Connected
- Electricity Connected
- Sewer Connected
- Sewer: Public
- Water Connected
Additional features
Window features
- Blinds
Sewer
- Sewer: Connected
- Sewer: Public
Water source
- Culinary
Current use
- Residential
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Neighborhood
Walk · Transit · Bike
Most errands require a car. Minimal public transit available. It's convenient to use a bike for a few trips.
Price History
Date
Price
Change
Change %
3/18/2026
$3,850,000
$195/sqft
Listed
—
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Location
Magna, UT · approximate location
Listed by: Jacob S Nielson · Newmark Mountain West. 801-456-8800.
Source: UtahRealEstate.com.
Information deemed reliable but not guaranteed. All measurements and calculations of area should be independently verified.
Based on information from UtahRealEstate.com as of Sep 10, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Publisher's notice: All real estate advertised herein is subject to the Federal Fair Housing Act and Utah Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, family status, or national origin.
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Magna market context
How this property sits against recent sales in the area.
This listing: $3,850,000 — 776.0% above the median sale price.
Magna market — Residential
What homes are doing.
Latest data through August 2026.
Median sale price
$439,500
+4.6% year over year
Median days on market
29
-17 days year over year
Sale-to-list ratio
99.0%
+0.21pp year over year
Homes sold last month
21
-22 year over year
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