197 Wedgewood Lane, Spring City, Tennessee 37381

TN, Spring City
$445,000 ↓ $475,000
  • Active Status
  • 64 Dayz On Cribz Total Days
  • Residential Income Property Type
  • 4520 Total Sqft $98/sqft
  • 1982 Year Built
  • Mortgage Wizard 3000 Advanced Breakdown

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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!

Property Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • MLS #: 2931920
  • Price: $445,000
  • Square Footage: 4,520 Sqft
  • Year Built: 1982
  • Office Name: Wallace-Jennifer Scates Group
  • Agent Name: Jennifer Scates
  • Property Attached: Yes
  • Roof: Metal
  • Listing Status: Active
Location Info
  • Street Number: 197
  • Street: Wedgewood Lane
  • City Spring City
  • State TN
  • Zipcode 37381
  • County Rhea County, TN
  • Longitude: W85° 7' 10.8''
  • Latitude: N35° 39' 25.2''
  • Directions: 75 South To exit 368, then 68 to Spring City, take exit 60 north to Spring City, go 11 miles and turn right onto Wedgewood Lane and property is on the left. Sign on the property.
Features
  • Heating System Central, Electric, Natural Gas
  • Cooling System Central Air
  • Utilities Electricity Available, Natural Gas Available
  • Flooring Laminate, Carpet, Tile
  • Laundry Features Electric Dryer Hookup, Washer Hookup
Schools
  • Elementary School: Spring City Elementary
  • Middle School: Spring City Middle School
  • High School: Rhea County High School
Additional Info
  • Building Size: 4,520 Sqft
  • Construction Materials: Other, Frame
  • Levels: Three Or More
  • Lot Size Dimensions: 100 X 207.8 and 300 x 188
  • Number Of Units Total: 3
  • Previous Price: $475,000
Financial
  • Annual Tax Amount: $992
Listing Data
  • Mls Status: Active
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Aug 12th, 2025 @ 6:40pm
  • Status Change Timestamp: Jul 9th, 2025 @ 8:06am

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