For sale MLS# 2105086 · 438 days on the market
$874,900
It starts with a call with an agent.
7382 W 3500 S, Magna, UT 84044
About this home
Perfect for the savvy Land / Multifamily investor, this property is strategically located in the desirable Magna area and is zoned R-2-6.5, offering great potential for multifamily development. 6 to 9 units possible. With its prime zoning designation, this parcel presents an exceptional opportunity for building residential units that cater to the growing demand for high-quality housing in the area. The property's ideal location in Magna ensures access to a range of amenities and conveniences, making it a promising investment for those looking to capitalize on the thriving real estate market in this sought-after neighborhood. Exceptional 0.77-acre corner lot at 7382 W 3500 S in Magna-prime for development with past plans approved for three duplexes (six total units). Positioned on an intersection, this flat, build-ready parcel offers outstanding visibility, utility access, and strong resale potential for the end product. Ideal for developers seeking a multi-family opportunity in a growing area, just minutes from major amenities and commuter routes.
Written by the listing agent.
Location
Living in Magna
Magna is a city in Salt Lake County at the base of the Oquirrh Mountains, south of the Great Salt Lake. Settlement began in 1851, with the community transforming from agricultural Pleasant Green to an industrial center after the Magna Mill was constructed in 1906.
- 29,251 residents (2020)
- 1 named trail
- 9 named parks
Monthly payment
- Principal & interest
- $4,848
- Property tax
- $152
- Home insurance
- $110
10% down ($87,490), 30-year fixed at 6.25%. Tax from the MLS record; insurance is an estimate. Not a loan offer.
Details
- Lot
- 0.77 acres
- Subdivision
- CENTENNIAL V
- County
- Salt Lake
- Zoning
- Multi-Family
Schools
Assigned schools as reported to the MLS by the listing agent. Boundaries change; confirm enrollment with the district. · Granite
Listing courtesy of Investment Realty Advisors LLC / Elliot Abel. Based on information from UtahRealEstate.com as of 9/29/2026 10:35 AM. 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.