2234 W HAZELWOOD Street Phoenix, AZ ^$ 3,600,000

2234 W HAZELWOOD Street

^$ 3,600,000

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2234 W HAZELWOOD Street

Phoenix, AZ, 85015

^$ 3,600,000

Studio Baths0.0

Monthly Estimate*

^$ 22,166

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $3,600,000. This home was built in 1985.

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.

Multi-Family Active

Price

^$ 3,600,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 7,970

Style

Multiple Dwellings

Year Built

1985

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6955610

Features

General

Sewer Public Sewer

Heating Electric

Cooling Central Air Electric

Roof Composition

Zoning R-4

Construction Materials Steel Frame Wood Frame Stucco

Year Built 1985

Electric Other (See Remarks)

Township 2N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 0.0

Community Features Other

County Maricopa

Net Operating Income 0.0

Operating Expense 7970.0

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name ROWLETT MANOR LOT 1

Garage Y/N N

Status Active

City Phoenix

Disclosures Other (See Remarks)

High School District Phoenix Union High School District

Open Parking Spaces 34.0

Number Of Units Total 24

Carport Y/N N

Tax Annual Amount 7970.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Elementary School District Alhambra Elementary District

Tax Lot 1

Senior Community N

Exterior

Parking Features >1 Space Per Unit

Water Source City Franchise

Total Parking 34.0

Number of Buildings 2

Spa N

Lot Dimensions 124.98*196.64

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Interior

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Internal Only

Street Number 1 2234

* Excluded Features

List By

Abi Multifamily

Broker

andrew.arambula@abimultifamily.com

Affordability Calculator

$22,830

Per Month

Monthly Principal & Interest: $22,166
Monthly Property Taxes: $664
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,332,248

Percent of Sale Price 63%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327165 Elementary School

4327058 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/8/2025	$3,600,000		Listed Price

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2234 W HAZELWOOD Street, Phoenix, AZ, 85015 is a Multi-Family Home for sale at $3,600,000. 2234 W HAZELWOOD Street is a studio with 0.0 baths and was built in 1985. The property's zip code is 85015 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/25/2026.

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2234 W HAZELWOOD Street

Multi-Family Home for sale in Phoenix, AZ

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