197 Wedgewood Lane, Spring City, TN

$425,000

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4,520

Square feet

About 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!

Features of 197 Wedgewood Lane

MLS® # 1307644
Price $425,000
Square Footage 4,520
Year Built 1982
Type Multi-Family
Status Active

Community Information

Address 197 Wedgewood Lane
Area Rhea County - 42
City Spring City
County Rhea County - 42
State TN
Zip Code 37381

Amenities

Features Internet Available, Kitchen Island, Pantry, Walk-in Shower, Walk-In Closet(s), WasherDryer Connect
Parking On Premise Parking
Has Pool No

Interior

Interior Features Walk-In Closet(s), Kitchen Island, Pantry
Appliances Range, Refrigerator
Heating Central, Natural Gas, Electric
Cooling Central Cooling
Fireplace No
Has Basement No

Exterior

Exterior Frame, Other
Exterior Features Windows - Vinyl
Construction Frame, Other

School Information

Elementary Spring City
Middle Spring City
High Rhea County

Additional Information

Date Listed July 9th, 2025
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWallace Jennifer Scates Group

Listing Map

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