197 Wedgewood Lane, Spring City, TN, 37381

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$445,000
113 Days On Site

197 Wedgewood Lane
Spring City, TN 37381

For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,520
SqFt
$98
/SqFt
1982
Built
County:
Rhea County - 42
Call Now: 865-850-2117
Is this the listing for you? We can help make it yours.
865-850-2117
197 Wedgewood Lane197 Wedgewood Lane197 Wedgewood Lane197 Wedgewood Lane
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Monthly Payment (Est.)

$2,030
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Unique Investment Opportunity in the Heart of Spring City! Discover the potential of this versatile property featuring 3 separate units on 1.5 private acres, just minutes from the heart of Spring City! Whether you're looking for rental income, a multi-generational family compound, or both, this property is full of possibilities. Unit 1 offers 3,000 sq. ft. of living space, showcasing an open-concept main floor with new flooring, new shower, new staircase, new windows, and a new back door. The home is now equipped with central HVAC, adding year-round comfort. Upstairs you'll find 2 spacious bedrooms and a full bath. The downstairs level includes a bedroom, a bathroom, and two additional rooms perfect for game rooms, offices, or storage. The lower level is ready for your finishing touches — with some materials already on-site — and opens to a fenced backyard. Unit 2, an attached efficiency or mother-in-law suite with its own separate address, features a full bath with new vanity, toilet, and windows, providing a private, self-contained living space ideal for guests or additional rental income. Unit 3 is a detached home with two bedrooms, one full bath, an open-concept living room, kitchen, and dining area, plus a full walkout basement. Updates include new windows, giving it a fresh and inviting feel. Tucked away yet conveniently located, these homes offer privacy, flexibility, and potential. Perfect as income-producing rentals, a family retreat, or a combination of both — this property is truly one of a kind! Don't miss your chance to make this unique property yours. Call today to schedule your showing!

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Listing Snapshot
Price 
$445,000
Days On Site 
113 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,520 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1982
MLS® Number 
1307644
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoPrice changed to $445,000
3 months agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Parking 
On Site
Property Sub Type 
Multi Family
Security 
Smoke Detector(s)
SqFt Total 
4520
Interior Features
Appliances 
RangeRefrigerator
Cooling 
Central Air
Flooring 
LaminateCarpetTile
Heating 
CentralNatural GasElectric
Interior 
Walk-In Closet(s)Kitchen IslandPantry
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Exterior Features
Construction Details 
FrameOther
Patio And Porch 
PatioPorchCoveredDeck
Roof 
Metal
Community Features
Financing Terms Available 
VA LoanFHACashConventional
MLS Area 
Rhea County - 42
Schools
School District
Unknown
Elementary School
Spring City
Middle School
Spring City
High School
Rhea County
Listing courtesy of Jennifer Scates of Wallace Jennifer Scates Group

Copyright © 2025 Knoxville Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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