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Michelle Quackenbush

azbrokeronline@gmail.com +1(602) 999-2627

$ 3,300,000

Est. payment -/mo

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Active

2234 W HAZELWOOD Street Phoenix, AZ 85015

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Rowlett Manor Lot 1

MLS Listing ID 6955610

Year Built 1985

Annual Tax Amount $7,970

Tax Year 2025

Lot Dimensions 124.98*196.64

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

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.

Location

State AZ

County Maricopa

Community Rowlett Manor Lot 1

Area Maricopa

Zoning R-4

Interior

Heating Electric

Cooling Central Air, Electric

Flooring Tile, Laminate

Appliance Refrigerator, Free-Standing Electric Oven

Exterior

Parking Features >1 Space Per Unit

Community Features Other

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 154-14-131

Acceptable Financing Other (See Remarks)

Disclosures Other (See Remarks)

Listing Terms Other (See Remarks)

Listed by ABI Multifamily • Andrew Arambula

Nearby School & Business

Michelle Quackenbush

Agent

+1(602) 999-2627

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