197 Wedgewood Lane, Spring City, TN 37381
- $425,000
- 4,520
- SqFt
- List Price
- $425,000
- Price Change
- ▼ $20,000 1776929247
- MLS#
- 2931920
- Days on Market
- 419
- Property Type
- Multifamily
- Sqft. of Residence
- 4,520
- County
- Rhea County
- Status
- ACTIVE
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!
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Additional Information
- Construction Type
- Frame, Other
- Cooling System
- Central Air
- Elementary School
- Spring City Elementary
- Floor Types
- Carpet, Laminate, Tile
- Heating System
- Central, Electric, Natural Gas
- High School
- Rhea County High School
- Junior High School
- Spring City Middle School
- Laundry
- Washer Hookup, Electric Dryer Hookup
- Living Area
- 4,520
- Lot Dimensions
- 100 X 207.8 and 300 x 188
- Roofing Material
- Metal
- Tax Amount
- $992
- Year Built
- 1982
- Type
- Multifamily
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Listing courtesy of Wallace-Jennifer Scates Group.
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.