2234 W Hazelwood Street, Phoenix, AZ 85015

Phoenix
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
2234 W Hazelwood Street,Phoenix, AZ 85015
$3,300,000
  • 40 Beds
  • 24 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: andrew arambula, bryce neagle
Office: abi multifamily
MLS#:6955610
Source:ARMLS

Price summary

  • Price:$3,300,000

About this home

Hazelwood Apartments is a 24-unit garden-style community built in 1985 in Central Phoenix, featuring (8) one-bedroom and (16) two-bedroom units, all individually metered for electricity. Amenities include on-site laundry and 34 parking spaces. Twenty-five percent of the units are subject to a HUD LURA through 2030, requiring income-qualified tenants and restricted rents, while the remaining units operate at market rates. Located near the light rail corridor, GCU, and major employment centers, the property benefits from infill development and strong rental demand. Light value-add potential exists through interior upgrades, enhanced curb appeal, and modernization of common areas, supporting long-term stability and operational upside.

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Home facts

  • Year built:1985
  • Subdivision & Development:ROWLETT MANOR LOT 1
  • Listing ID #:6955610
  • Updated:September 28, 2026 at 03:01 PM

Rooms and interior

  • Bedrooms:40
  • Total bathrooms:24
  • Flooring:Laminate, Tile

Heating and cooling

  • Cooling:Electric
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:1985
  • Construction Materials:Stucco

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$3,300,000
  • Tax amount:$7,970 (2025)

Parking

  • Total parking spaces:34
  • Parking description:More Than 1 Parking Space/Unit
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