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197 Wedgewood Lane, Spring City, TN 37381

$445,000
  • 197 Wedgewood Lane, Spring City, TN 37381 Main Photo

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Active
BEDS0 BATHS SQUARE FEET4,520 MLS#1307644
STATUSActive PROPERTY TYPEMulti Unit - Multiple NEIGHBORHOODRhea County - 42

Property Description

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!

197 Wedgewood Lane | MLS# 1307644

This multi-family property located at 197 Wedgewood Lane, Spring City, TN 37381 is currently listed for sale with an asking price of $445,000. Search Rhea County - 42 real estate on cchambers.easttnliving.net today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Cooling
Fuel Type: Electric, Gas
Heating: Central, Natural Gas, Electric
Lot Size: 100 X 207.8 and 300 x 188
Year Built: 1982

Amenities

Walk-In Closet(s)
Kitchen Island
Pantry
Windows - Vinyl

Feature Descriptions

Appliances: Range, Refrigerator
Days on Site: 285
Exterior: Frame, Other
Flooring: Laminate, Carpet, Tile
Lot Dimensions: 100 X 207.8 and 300 x 188
Parcel #: 042 009.10
Parking: On Premise Parking
Security Features: Smoke Detector
SQFT Total: 4520
Units: 3

Local Schools

High School: Rhea County
Middle School: Spring City
Elementary School: Spring City

Listed By / Shown By

Listed By

Agency Name: Wallace Jennifer Scates Group

Shown By

Agent Name: Charlsey Chambers
Agent Phone: (865) 850-7972
Agency Title: Crye-Leike Real Estate Services

IDX logo

Source: East Tennessee REALTORS

Estimate Your Payment

Estimated Payment

$ 1,120.17 per month $990.38 Principal & Interest $0.00 Property Tax (data not provided by mls) $129.79 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 04/20/2026. The listing information on this page last changed on 04/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/20/2026 5:48:21 AM EST) or East Tennessee REALTORS (last updated Mon 04/20/2026 12:24:39 AM EST) or GSMAR MLS (last updated Sun 04/19/2026 9:14:04 PM EST) or Tennesse Virginia MLS (last updated Sun 04/19/2026 11:54:31 PM EST) or Lakeway MLS (last updated Mon 04/20/2026 1:21:37 AM EST). Real estate listings held by brokerage firms other than Crye-Leike Real Estate Services may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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