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197 Wedgewood Lane
Spring City TN 37381 US

$445,000

Active Listing ID 1307644
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6 bed
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4.00 Bath (4 Full)
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Other

$445,000

Active Listing ID 1307644
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197 Wedgewood Lane 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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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Cooling System: Central Air
  • Exterior Finish: Windows - Vinyl
  • Floor Covering: Tile, Laminate, Carpet
  • Roof Type: Metal
  • Heating Fuels: Natural Gas, Central, Electric (Heating)
  • Additional Features
  • Patio

School Information

  • School
  • Spring City(Elementary)
  • Spring City(MiddleSchool)
  • Rhea County(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 445000
  • unparsedaddress: 197 Wedgewood Lane
  • postalcity: Spring City
  • stateorprovince: TN
  • country: US
  • postalcode: 37381
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 4520
  • livingareaunits: Square Feet
  • latitude: 35.65665
  • longitude: -84.880452
  • listagentfullname: Jennifer Scates
  • listagentemail: jscates@wallacetn.com
  • listagentkey: 3yd-KAARMLSTN-334295
  • listagentmlsid: 334295
  • listagentpreferredphone: 4044039855
  • listagentofficephone: 8652537889
  • listofficekey: 3yd-KAARMLSTN-3656o
  • listofficemlsid: 3656o
  • disclaimer: Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: KAARMLSTN
  • yearbuilt: 1982
  • listingcontractdate: 2025-07-09
  • listagenturl: http://www.JenniferScates.com
  • countyorparish: Rhea County - 42
  • parcelnumber: 042 009.10
  • elementaryschool: Spring City
  • highschool: Rhea County
  • appliances: Range, Refrigerator
  • cooling: Central Air
  • constructionmaterials: Frame
  • flooring: Tile, Laminate, Carpet
  • heating: Natural Gas, Central, Electric (Heating)
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • interiorfeatures: Walk-In Closet(s), Kitchen Island, Pantry
  • exteriorfeatures: Windows - Vinyl
  • rooms: Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 6, Bathroom 3, Bedroom 3, Bedroom 5, Bathroom 1, Dining Room, Bedroom 4, Bedroom 1
  • patioandporchfeatures: Patio, Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -84.880455, 35.65665
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Wallace", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jscates@wallacetn.com", "ListBrokerageCity":"Knoxville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"cstallings@wallacetn.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/KAARMLSTN/500516818bbf11e0bc1e00219b994c72/20230405163309575.png", "ListBrokerageName":"Wallace", "ListBrokeragePhone":"(865) 584-4000", "ListBrokeragePostalCode":"37919", "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"140 Major Reynolds Place", "ListBrokerageWebsiteUrl":"http://www.wallacetn.com", "ListOfficeAddress1":"102 Adair Drive ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"3656o", "ListOfficeCity":"Knoxville", "ListOfficeCountry":"US", "ListOfficeEmail":"jscates@wallacetn.com", "ListOfficePostalCode":"37918", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Spring City, TN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/Wedgewood-Ln_Spring-City_TN_37381_M81112-27887?f=listhub&s=KAARMLSTN&m=1307644&c=rexren", "MLSModificationTimestamp":"2026-04-14 19:29:02", "Neighborhoods":[{"Description":null, "Name":"Rhea County - 42"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":992, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/15/2026 1:34:39 PM GMT
Source Updated Date: 4/16/2026 6:53:35 PM GMT

Courtesy of: Jennifer Scates, Wallace Jennifer Scates Group, jscates@wallacetn.com

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.