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📬 In today’s edition:

• 🎬 Bratenahl Estate Takes Center Stage — Now Streaming

• 🚨 HUD Shift Puts 2,000+ Cleveland Households at Risk

• 🏗️ Cavs Facility Breaks Ground on Riverfront Future

📰 Cleveland Market Minute

Beyond the Listing: Gilded age charm meets modern living in Bratenahl estate

3News' Christi Paul and The Agency Cleveland’s David Ayers explore a historic home transformed for 21st-century life. Stream the premiere now on WKYC+.

That’s the question at the heart of "Beyond the Listing," a new Cleveland-rooted real estate and lifestyle series hosted by 3News' Christi Paul and David Ayers of The Agency Cleveland.

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Cleveland Council OKs Browns settlement

With a 13-2 vote tonight, Cleveland City Council authorized a proposed settlement agreement between Mayor Justin Bibb’s administration and the Haslam Sports Group (HSG), owners of the Cleveland Browns football team.

The deal involved some last-minute negotiations as it wasn’t even on council’s agenda earlier today.

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Cavs’ practice facility marks start of riverfront transformation

In 2021, Detroit-based developer Bedrock first announced its plans to develop a long-neglected portion of the Cuyahoga riverfront with 35 acres of mixed-use development and green space.

While the project was originally planned to be completed in phases over two to three decades, company executives now believe they can deliver it within 5-10 years.

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🏠 Just Sold Spotlight – Tremont Colonial Blends Charm & Modern Comfort

📍 2122 W 6th St, Cleveland, OH 44113

• 💰 Sold Price: $577,600

• 📏 Size: 3,432 sq. ft. (2,632 above + 800 finished lower level)

• 📅 Year Built: 1999

• 🛏 3 Beds | 🛁 2 Full, 1 Half Baths

• 🚗 2-Car Garage + Paved Driveway (Attached Carport Style)

• 🌳 Lot Size: 2,500 sq. ft.

• 🏫 School District: Cleveland Municipal School District

📝 Investor Takeaway

This beautifully maintained 3-story colonial in the heart of Tremont offers the ideal blend of historic character, modern convenience, and strong investment upside. With 3,432 sq. ft. of total living space including an 800 sq. ft. walkout lower level plumbed for a full bath the property provides meaningful expansion potential. Once finished, this level could support $1,500–$2,100/month in additional rental income or serve as an excellent guest suite.

Inside, the home is move-in ready with freshly painted interiors, hardwood flooring, a fully-applianced kitchen, and a fireplace-centered great room that enhances both daily living and entertaining. The third floor functions as its own private retreat, complete with a balcony overlooking the scenic Towpath Trail—an elevated lifestyle feature rarely found in this price point.

🏡 Neighborhood Insight

• 📍 Community: Tremont

• 🏞 Nearby Landmarks: Towpath Trail, Tremont restaurants, boutiques, nightlife, local breweries

• 🧾 Tax Abatement: None (fully assessed)

• 🚶 Accessibility: Minutes to I-90, W 25th, Downtown, Lorain Ave, and multiple transit options; extremely walkable for dining and entertainment

📈 Recent Sales Nearby:

• • 1949 Columbus Rd – $539,000 | 3 Bed | 3 Bath | 2.6k sq. ft.

• • 2171 W 41st St – $405,000 | 3 Bed | 3 Bath | 1.9k sq. ft.

• • 2829 Clinton Ave – $470,000 | 3 Bed | 3 Bath | 2.1k sq. ft.

• • 2250 W 20th St – $429,000 | 2 Bed | 3 Bath | 1.8k sq. ft.

• • 1862 W 44th St – $455,000 | 3 Bed | 3 Bath | 1.6k sq. ft.

📌 Notable Features

• ✨ Freshly painted interiors

• 🔥 Fireplace-centered great room

• 🪟 Fully-applianced kitchen (range, microwave, refrigerator, dishwasher, washer, dryer included)

• 🛋 Large third-floor suite with private balcony overlooking Towpath Trail

• 🧺 Upper-level laundry

• 🛠 Full walkout basement plumbed for future bath

• 🌳 Fenced-in backyard + relaxing rear deck

• 🚗 2-car garage + paved driveway (attached carport style)

• 🏠 Brick + vinyl exterior with colonial architectural character

• ❄️ Forced air gas heating + central air cooling

💡 Insider’s Insight

🏙️ Cleveland Housing & Policy Update | December 2025

🏠 Federal Policy Shift Puts Hundreds of Cuyahoga County Households at Risk

Major changes from the U.S. Department of Housing and Urban Development (HUD) could significantly reduce permanent housing availability for people experiencing homelessness in Cuyahoga County.

🔍 What’s Changing

HUD funding is increasing from $3.6B → $3.9B, but the agency is shifting priority to transitional housing, limiting support for permanent housing.

HUD argues that “housing first” encourages dependency and doesn’t address root causes such as addiction or mental illness.

Local advocates strongly disagree, warning that transitional housing adds barriers like mandatory drug screening, curfews, and time limits.

🚨 Immediate Local Impact

• More than 2,000 Cuyahoga County households could lose access to permanent housing programs.

• EDEN, which served ~2,700 households last year with $51M in funding, expects to serve only 500–600 households moving forward.

• Only 30% of Continuum of Care (CoC) funding will now go toward permanent housing (down from 90%).

🧠 Why Permanent Housing Matters

Local organizations report strong outcomes when people have stable housing:

“People don’t heal from the sidewalk. People heal from their own house.”

— Chris Knestrick, NEOCH

🚧 Additional Pressure on Local Programs

Cleveland’s A Home for Every Neighbor program provides 12 months of housing for nearly 200 individuals.

About 90 participants are ready to transition into EDEN’s permanent housing — but these slots may vanish due to the federal shift.

🏠 House of the Week – Sleek Ohio City Townhome with Private Rooftop Balcony

📍 3611 Bailey Ave #53, Cleveland, OH 44113

• 💰 Price: $464,000

• 📏 Size: 1,758 sq. ft.

• 📅 Year Built: 2025

• 🛏 3 Beds | 🛁 3 Full + 1 Half Baths

• 🚗 2-Car Attached Garage

• 🌳 Lot Size: 840.71 sq. ft.

• 🏫 School District: Cleveland Municipal School District

🧘 Vibes: This brand-new, 3-story townhome in Ohio City’s SoLo neighborhood offers sprawling island kitchens, high ceilings, and luxury finishes throughout. Entertain in an open-concept living space on the second floor, or retreat to one of the private bedrooms with ensuite baths. The top floor features a primary suite with a fully tiled, frameless glass shower and access to a private rooftop balcony—perfect for city views and relaxing evenings. Enjoy the luxury vinyl CORE Tec flooring, upgraded Aristokraft cabinetry, and stone countertops throughout.

This home also comes with 15 years of tax abatement, quick highway access, and walkability to Ohio City restaurants and shops, placing the best of Cleveland just steps away.

👉 Listed by: Dorit Sade | Berkshire Hathaway HomeServices Professional Realty

📞 202-550-7590 | ✉️ [email protected]

🛠 Tools & Resources We Recommend

• PropStream → Lead generation + property comps

• AirDNA → Short-term rental profitability data

• BiggerPockets Cap Rate Guide → Know how to calculate investment ROI

• Cleveland Housing Court Tracker → Spot eviction risks and distressed deals

• Cleveland Real Estate Investor Facebook Group → Share deals and insights with local investors

📣 Weekly Wrap-Up

🏙️ Cleveland Real Estate Weekly | December 2025

📰 Market & City Highlights

✨ Beyond the Listing: Gilded Age Charm in Bratenahl

A new Cleveland-rooted lifestyle series spotlights a historic Bratenahl estate reimagined for modern luxury. Hosted by 3News’ Christi Paul and David Ayers of The Agency Cleveland, the premiere explores how classic architecture is being elevated for today’s living. Streaming now on WKYC+.

🏈 Cleveland Council Approves Browns Settlement

City Council voted 13–2 to authorize a settlement between Mayor Bibb’s administration and the Haslam Sports Group. The agreement came together after last-minute negotiations and wasn’t originally on the meeting agenda.

🏗️ Cavs Practice Facility Kickstarts Riverfront Redevelopment

Bedrock’s major riverfront transformation is officially underway. Originally planned over 20–30 years, the developer now targets 5–10 years to deliver new mixed-use districts, green space, and modern amenities across 35 acres along the Cuyahoga River.

🏠 Just Sold Spotlight – Tremont Colonial

• 📍 2122 W 6th St, Cleveland, OH 44113

• 💰 $577,600 | 3,432 sq. ft. | 3 Bed | 2.5 Bath | Built 1999

A beautifully maintained 3-story colonial offering charm, modern comfort, and real investor upside. The 800 sq. ft. walkout lower level (plumbed for a full bath) can generate $1,500–$2,100/mo when finished. Features include a fireplace-centered great room, hardwood floors, fully-applianced kitchen, and a third-floor suite with balcony overlooking the Towpath Trail.

Neighborhood Insight: Minutes to I-90, W 25th, Downtown, eateries, breweries, and nightlife. No tax abatement. Recent area sales range $405K–$539K.

🧭 Insider’s Insight | Housing & Policy Update (Dec 2025)

🏠 HUD Shift Puts Hundreds of Local Households at Risk

Federal HUD policy changes are pulling support away from permanent housing and pushing transitional programs with stricter requirements. While national funding rises to $3.9B, only 30% will now support permanent solutions — down from 90%.

Local Impact:

• 2,000+ Cuyahoga County households could lose permanent housing support.

• EDEN expects to drop from serving 2,700 → 500–600 households.

• Cleveland’s A Home for Every Neighbor program may face bottlenecks for participants ready to transition.

Local advocates stress: “People heal from their own house — not the sidewalk.”

🏡 House of the Week – Modern Ohio City Townhome

• 📍 3611 Bailey Ave #53, Cleveland, OH 44113

• 💰 $464,000 | 1,758 sq. ft. | 3 Bed | 3.5 Bath | Built 2025

A sleek, new-construction townhome in the SoLo district featuring luxury finishes, CORE Tec flooring, stone countertops, and a private rooftop balcony off the primary suite. Enjoy open-concept living, ensuite bedrooms, and a 15-year tax abatement. Walkable to Ohio City shops and restaurants.

• 👉 Listed by: Dorit Sade — Berkshire Hathaway HomeServices

• 📞 202-550-7590 | ✉️ [email protected]

Until next week,

Cleveland Real Estate Investors

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