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2234 W HAZELWOOD Street, Phoenix, AZ 85015 (MLS# 6955610)


$3,600,000
2234 W HAZELWOOD Street
Phoenix, AZ 85015
MLS# 6955610



2234 W HAZELWOOD Street, Phoenix, AZ 85015
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Property Description
Hazelwood Apartments is a 24-unit garden-style community built in 1970 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.

Details
Maps
Contract Info
Current Price: $3,600,000
List Price: $3,600,000
Status: Active
List Date: 2025-12-08
Ownership: Fee Simple
Location Tax Legal
House Number: 2234
Compass: W
Street Name: HAZELWOOD
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85015
Zip4: 4041
County Code: Maricopa
Subdivision: ROWLETT MANOR LOT 1
Assessor Number: 154-14-131
Tax Year: 2025
General Property Description
Lot Size Dimensions: 124.98*196.64
Year Built: 1985
Uncvrd Parking Spcs: 34
Total # of Units: 24
# of Buildings: 2
Zoning: R-4
Elementary School District: Alhambra Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Geo Lat: 33.50434
Geo Lon: -112.107955
Legal Info
Township: 2N
Range: 2E
Section: 24
Lot Number: 1
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 8
Avg Rent: 950
Avg SqFt: 533
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 16
Avg Rent: 1150
Avg SqFt: 683
# Baths: 1
Property Features
Project Type: 13 - 24 Units
Construction: Wood Frame; Steel Frame
Const - Finish: Stucco
Roofing: Composition
Floors: Laminate; Tile
Sale Includes: Other (See Remarks)
Community Features: Other
Appliances Included: Free-Standing Electric Oven; Refrigerator
Cooling: Electric; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Parking Features: >1 Space Per Unit
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity
Source of Fincl Data: Owner
Lockbox Type: Combo
New Financing: Other (See Remarks)
Environmental: Other (See Remarks)

Listing Office: ABI Multifamily

Last Updated: December - 08 - 2025

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Sunday 28th of December 2025 07:23 AM

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Sandy Mager

CRS, ABR, GRI, PMN, e-PRO

10115 E Bell RD.

Suite 105

Scottsdale AZ 85260

602.577.0500

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Property data is deemed reliable but not guaranteed. The owner of this site does not make any representations about any property mentioned in this site. Reproduction of content or images on this site is strictly forbidden. Media room luxury home photo courtesy of Reese Imaging.


Sandy Mager

CRS, ABR, GRI, PMN, e-PRO

10115 E.Bell RD.

Suite #105

Scottsdale AZ 85260

602.577.0500


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