197 Wedgewood Lane, Spring City, TN 37381
Local realty services provided by:Better Homes and Gardens Real Estate Heritage Group



197 Wedgewood Lane,Spring City, TN 37381
$445,000
- - Beds
- - Baths
- 4,520 sq. ft.
- Multi-family
- Active
Listed by:jennifer scates
Office:wallace-jennifer scates group
MLS#:2931920
Source:NASHVILLE
Price summary
- Price:$445,000
- Price per sq. ft.:$98.45
About this home
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!
Contact an agent
Home facts
- Year built:1982
- Listing Id #:2931920
- Added:36 day(s) ago
- Updated:August 13, 2025 at 02:15 PM
Rooms and interior
- Living area:4,520 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric, Natural Gas
Structure and exterior
- Roof:Metal
- Year built:1982
- Building area:4,520 sq. ft.
Schools
- High school:Rhea County High School
- Middle school:Spring City Middle School
- Elementary school:Spring City Elementary
Finances and disclosures
- Price:$445,000
- Price per sq. ft.:$98.45
- Tax amount:$992
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