2234 W HAZELWOOD STREET
Phoenix AZ 85015

$3,600,000
Price

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Beds

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homeListing Details:

Listing ID: 6955610
Updated: 12/8/2025 2:39pm

Status Active/For Sale
Days On Market N/A
Taxes $7,970.00
HOA $0.00/********
Type N/A
Open Parking 34
Year Built 1985
Lot Size 0.00
County Maricopa
Listed By ABI Multifamily

descriptionDescription:

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.

mapProperty Location:

Listed By: ABI Multifamily | Andrew Arambula 602-714-8994 | Bryce Neagle 602-714-8931

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



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