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● For sale

$3,300,000

2234 W HAZELWOOD Street, Phoenix, AZ 85015

ROWLETT MANOR LOT 1 · Maricopa County

Built 1985 No HOA

174 days on market

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.

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: Active
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

Contact Us

Ask a question or schedule a showing

Listed by Andrew Arambula& Bryce Neagle ABI Multifamily

Listing updated: April 14, 2026

MLS#: 6955610

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