Brian Young PLLC
DPR Realty LLC
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive, Scottsdale, AZ 85260
Fax:

MLS# 6955610 – 2234 W Hazelwood Street, Phoenix, AZ 85015

$3,300,000 - 40Br/Ba - for Sale in Rowlett Manor Lot 1, Phoenix
Price: $3,300,000
Units: 24
Status: Active
Distressed: HUD Owned
Year Built: 1985
Neighborhood: Rowlett Manor Lot 1
Days on Website: 271

Courtesy of ABI Multifamily

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.

Open House

Property Details and Features

  • Property Access
  • Road Surface: Asphalt
  • Appliances & Equipment
  • Refrigerator
  • Free-Standing Electric Oven
  • Bathrooms
  • 24 total bathrooms
  • Bedrooms
  • 40 total bedrooms
  • Building
  • Built in 1985
  • 2 buildings
  • Construction Materials: Steel Frame, Wood Frame, Stucco
  • Cooling
  • Central Air
  • Electric
  • Disclosures
  • Other (See Remarks)
  • Expenses
  • Operating: $7,970
  • Floors
  • Tile
  • Laminate
  • Heating
  • Electric
  • Listing
  • Listing ID: 6955610
  • Standard Status: Active
  • MLS Status: Active
  • 270 days on market
  • Location
  • Subdivision: ROWLETT MANOR LOT 1
  • County/Parish: Maricopa
  • Lot
  • Dimensions: 124.98*196.64
  • Owner Pays
  • Trash Collection
  • Water
  • Sewer
  • Landscaping
  • Parking
  • 34 open parking spaces
  • 34 total parking spaces
  • >1 Space Per Unit
  • Roof
  • Composition
  • Schools
  • Elementary School District: Alhambra Elementary District
  • High School District: Phoenix Union High School District
  • Sewer
  • Public Sewer
  • Taxes
  • Additional parcels description:
  • Parcel Number: 154-14-131
  • Public Survey Range: 2E
  • Public Survey Section: 24
  • Annual Amount: $7,970
  • Tax Book Number: 154.00
  • Legal Description: LOT 1 ROWLETT MANOR MCR
  • Lot: 1
  • Year: 2025
  • Zoning: R-4
  • Utilities
  • Water Source: City Franchise
  • Other (See Remarks)

Property Map

$3,300,000 – 2234 W Hazelwood Street, Phoenix, AZ 85015

Street View

Nearby Schools

Similar Properties Nearby

This content last updated on September 5, 2026 12:43AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Print Options

Select the items on the page that you would like to print. This "Print Options" block will not be printed.

Main Photo Main Details Property Description Property Features
Additional Photos Addtl Photos Size Location Map Schools