Listed by Andrew Arambula · Brokered by ABI Multifamily
$3,300,000
2234 W HAZELWOOD Street, Phoenix, AZ 85015
ROWLETT MANOR LOT 1 · Maricopa County
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.
Listing updated: April 14, 2026
Andrew Arambula 602-714-1400, ABI Multifamily, Bryce Neagle
Source: Arizona Regional Multiple Listing Service, MLS#: 6955610
Property details
Interior
Bathrooms
- Total Bathrooms: 0
Appliances
- Refrigerator
- Free-Standing Electric Oven
Heating and Cooling
- Cooling Features: Central Air, Electric
- Heating Features: Electric
Exterior
Land Info
- Lot Size Dimensions: 124.98*196.64
Garage and Parking
- Attached Garage: No
- Parking Features: >1 Space Per Unit
Community
Neighborhood
- Subdivision: ROWLETT MANOR LOT 1
Listing
Other Property Info
- Annual Tax Amount: $7,970
- Source Listing Status: Expired
- County: Maricopa
- Parcel Number: 154-14-131
- Zoning: R-4
- Postal City: Phoenix
- Listing Date: 12/8/2025
- MLS#: 6955610
Features
Building and Construction
- Year Built: 1985
- Property Age: 41
- Construction Materials: Wood Frame, Steel Frame, Stucco
- Roof: Composition
Utilities
- Water Source: City Franchise
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