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$3,600,000

  • For Sale
  • Active
  • Multi-Family
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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.

Full Property Details for 2234 W Hazelwood St

General

  • Price: $3,600,000
  • Taxes: $7,970 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6955610
  • Updated: 12/8/2025
  • Added to Site: 39 day(s) ago

Interior

  • Appliances: Refrigerator, Free-Standing Electric Oven

Parking

  • Parking Features: >1 Space Per Unit

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: ROWLETT MANOR LOT 1

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Electric
  • Heating Type: Electric

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 2
  • Exterior Const.: Steel Frame, Wood Frame, Stucco
  • Roof: Composition
  • Year Built: 1985

Lot Features

  • Lot Dimensions: 124.98*196.64
  • Zoning: R-4

Financial Considerations

  • Tax Amount: $7,970
  • Tax Year: 2025
  • Terms: Other (See Remarks)
  • Owner Pays: Trash Collection, Water, Sewer, Landscaping

Disclosures and Reports

  • Legal Description: LOT 1 ROWLETT MANOR MCR
  • Property ID: 154-14-131
  • Range: 2E
  • Section: 24
  • Lot Number: 1

Listed by ABI Multifamily

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Listing agents

— 2234 W Hazelwood St —

  • ABI Multifamily

  • ABI Multifamily

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2234 W Hazelwood St

School Districts:Alhambra Elementary District, Phoenix Union High School District
NameGradesDistance
Westwood Primary School
4711 N 23rd Ave, Phoenix, AZ 85015
K-50.2 mi
Choice Learning Academy
5330 North 23rd Avenue, Phoenix, AZ 85015
6-80.8 mi
Central High School
4525 North Central Avenue, Phoenix, AZ 85012
9-122 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2234 W Hazelwood St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/08/2025
Listed
$3,600,000
6.82%
MLS
10/12/2022
Sold
$3,370,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2234 W Hazelwood St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,970
10%
$241,500
-22%
2024
$7,241
—
$310,620
-2%
2023
$7,276
100%
$315,900
11%
2022
100%
$283,770
32%
2022
100%
$214,500
11%
2020
100%
$192,400
87%
2020
-100%
$102,700
18%
2019
$6,839
8%
$86,970
—
2018
$6,312
1%
$87,050
49%
2017
$6,232
4%
$58,430
-8%
2016
$5,969
6%
$63,530
26%
2015
$5,650
-3%
$50,510
28%
2014
$5,828
21%
$39,410
51%
2013
$4,823
—
$26,160
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by ABI Multifamily

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2234 W Hazelwood Street, Phoenix, AZ 85015 (MLS# 6955610) is a Multi-Family property with 24 units containing 0 bedrooms and 0 full bathrooms. 2234 W Hazelwood Street is currently listed for $3,600,000 and was received on December 08, 2025. Want to learn more about 2234 W Hazelwood Street? Do you have questions about finding other Multi-Family real estate for sale in Alhambra? You can browse all Alhambra real estate or contact a Coldwell Banker agent to request more information.

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