2234 W HAZELWOOD Street Phoenix, AZ 85015

Building Details

Year Built

1985

Listing agency ABI Multifamily a***@abimultifamily.com Show Phone

Listed by Andrew Arambula · License #SA688881000 Show Phone

Source Exitrealty

Added: Dec 8, 2025 Updated: Jul 21 at 4:40AM Checked: Jul 21 at 4:40AM

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Investment Insights

Based on property information with market context.

Hazelwood Apartments is a 24-unit garden-style multifamily community built in 1970 in Central Phoenix. The property has (8) one-bedroom and (16) two-bedroom units, with each unit individually metered for electricity. Community amenities include on-site laundry, and the property provides 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. The property is located near the light rail corridor, GCU, and major employment centers.

The current mix of rent-restricted and market-rate units creates a blended operating profile within the 24-unit community.

Key Highlights

• 24‑unit garden‑style apartment community (built in 1985) in Central Phoenix with one- and two‑bedroom layouts
• Unit mix: (8) one‑bedroom and (16) two‑bedroom units, all individually metered for electricity
• On‑site laundry and 34 parking spaces for residents

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FAQs

What type of property is this?

Apartment building - Twenty-four garden-style units include one- and two-bedroom layouts, individually metered electric, with on-site laundry and parking.

Where is this apartment building located?

The property is located at 2234 W HAZELWOOD Street Phoenix, AZ.

What is the asking price?

The asking price for this property is $3,300,000.

What are key features of this property?

This property features: 24‑unit garden‑style apartment community (built in 1985) in Central Phoenix with one- and two‑bedroom layouts; Unit mix: (8) one‑bedroom and (16) two‑bedroom units, all individually metered for electricity; On‑site laundry and 34 parking spaces for residents