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$3,850,000
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Property 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.
Full Property Details
Full Property Details for 7337 W Louden Dr
General
- Price: $3,850,000
- HOA FEE: $2,731/month
- HOA FEE FREQ.: Annually
- Taxes: $32,886
- Status: Active
- Type: Multi-Family
- Source: WFR
- MLS ID: 2143840
- Updated: 3/17/2026
- Added to Site: 18 day(s) ago
Interior
- Flooring: Carpet
Rooms
Bathrooms
- Total Bathrooms: 20
Bedrooms
- Total Bedrooms: 24
Additional Information
- Shared Amenities: Management, Pet Rules, Picnic Area, Playground, Pool, Snow Removal
- Pool: Yes
- Private Pool: Yes
- Pool Description: Fenced, Heated, In Ground
Parking
- Garage: Yes
- Garage Spaces: 8
- Covered Spaces: 8
- Total Spaces: 8
Location
- Area: Magna; Taylrsvl; WVC; SLC
- County: Salt Lake
School Information
- Elem School District: Granite
- Midd School District: Granite
- High School District: Granite
- Elementary School: Lake Ridge
- Middle School: Matheson
- High School: Cyprus
Community
- Association: Yes
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Sewer: Connected, Sewer: Public
- Water: Culinary
- Utility Description: Natural Gas Connected, Electricity Connected, Sewer Connected, Sewer: Public, Water Connected
Structural Information
- Property Detached: Yes
- Architectural Style: Stories: 3
- Construction: Brick, Stucco
- Exterior Const.: Brick, Stucco
- Roof: Membrane
- Windows: Blinds
- Square Feet: 19,720
- Living Area: 19,720 Sq. Ft.
- Current Bldg. Use: Residential
- Year Built: 2020
- Property Condition: Blt./Standing
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 6,098.4
- Lot Size: .14
- Zoning: R-M/ZC
Financial Considerations
- Association Fee: $32,767
- Assoc Fee Freq.: Annually
- Tax Amount: $32,886
- Terms: Cash, Conventional, Exchange
Disclosures and Reports
- Property ID: 14-21-451-079
Listed by Newmark Mountain West
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Schools
Schools serving 7337 W Louden Dr
School District:Granite School District
| Name | Grades | Distance |
|---|---|---|
Lake Ridge School 7400 W 3400 S, Magna, UT 84044 | K-6 | 1 mi |
Scott M Matheson Jr High School 3650 Montclair Street, Magna, UT 84044 | 7-8 | 1.4 mi |
Cyprus High School 8623 West 3000 South, Magna, UT 84044 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7337 W Louden Dr
Date
Details
Price
Change
Source
3/17/2026
Listed
$3,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7337 W Louden Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$32,561
2%
$4,323,200
1%
2024
$32,020
-9%
$4,261,700
-6%
2022
$35,038
161%
$4,534,500
161%
2022
$13,440
991%
$1,739,400
57%
2020
$1,232
—
$1,110,400
1460%
2020
$1,232
—
$71,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7337 W Louden Dr
7337 W Louden Dr, Magna, UT 84044 (MLS# 2143840) is a Multi-Family property with 20 units containing 24 bedrooms and 0 full bathrooms. 7337 W Louden Dr is currently listed for $3,850,000 and was received on March 17, 2026. Want to learn more about 7337 W Louden Dr? Do you have questions about finding other Multi-Family real estate for sale in Magna? You can browse all Magna real estate or contact a Coldwell Banker agent to request more information.

