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. 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.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Blt./Standing
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Property
Details
- Parcel number: 1428476040
- Zoning: 1206
- Zoning description: Multi-Family
Lot
- Lot size: 0.77 Acres
- Lot size dimensions: 0.0 x 0.0 x 0.0
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Winter Weather
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Utah Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,540 | $54,480 |
| Home Insurance | $209 | $2,508 |
| Property Taxes | $1,296 | $15,552 |
| Electricity | $169 | $2,039 |
| Total | $6,214 | $74,568 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-08-14 | Price change | $898,000 |
| 2024-11-08 | Listed for sale | $679,900 |
| 2024-11-04 | Pending sale | $679,900 |
| 2024-10-03 | Listed for sale | $679,900 |
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