197 Wedgewood Lane, Spring City, TN 37381
$445,000
Property Type:
Multi-Family
Square Footage:
4,520
Status:
Active
Current Price:
$445,000
List Date:
7/09/2025
Last Modified:
4/14/2026
Listing Details MLS# 1307644
Location Tax Legal Info
- House #
- 197
- Street Name
- Wedgewood
- St Suffix
- Lane
- State/Province
- TN
- Zip Code
- 37381
- PIN #
- 042 009.10
Contract Info
- Auction Y/N
- No
- Listing Price
- 445000
General Property Description
- SqFt - Total (Aprox)
- 4520
- Lot Dimensions
- 100 X 207.8 and 300 x 188
- Number of Units
- 3
- Year Built
- 1982
- Property Status
- N/A
- Restrictions
- No
- Driveway
- Yes
- Utilities/Mo Avg
- 0
Status Change Info
- Status Change Date
- 2025-07-09
Location, Tax & Legal Info
- Area
- Rhea County - 42
- City/County Code
- County
- Elementary School
- Spring City
- Middle School
- Spring City
- Total Tax
- 992.43
- High School
- Rhea County
Remarks & Misc
- 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.
- Public Remarks
- 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!
More Information
Fencing
- Fenced Yard
- Yes
Property Sub-Type
- Triplex
- Yes
Construction
- Frame
- Yes
Type of Units
- Efficiency Unit
- Yes
- 2 Bedroom Unit
- Yes
- 3 or more Bdrm Units
- Yes
Siding
- Other
- Yes
Sale Includes
- Building and Land
- Yes
Miscellaneous
- Washer/Dryer Cnctns
- Yes
Cooling
- Central Cooling
- Yes
Floors
- Carpet
- Yes
- Laminate
- Yes
- Tile
- Yes
Garage/Parking
- On Premise Parking
- Yes
Fuel
- Electric
- Yes
- Gas (Natural)
- Yes
Heat
- Central
- Yes
Appliances
- Range
- Yes
- Refrigerator
- Yes
- Smoke Detector
- Yes
Other Rooms
- Basement Rec Room
- Yes
- Bedroom Main Level
- Yes
- Family Room
- Yes
- Mstr Bdrm Main Level
- Yes
- Separate Dining Room
- Yes
- Split Bedroom
- Yes
Roof
- Metal
- Yes
Exterior Features
- Deck
- Yes
- Patio
- Yes
- Porch - Covered
- Yes
- Windows - Vinyl
- Yes
Misc Features
- Internet Available
- Yes
- Kitchen Island
- Yes
- Pantry
- Yes
- Walk-in Shower
- Yes
- Walk-In Closet(s)
- Yes
- Washer/Dryer Connect
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- New Loan
- Yes
- VA Loan
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Property Sub-Type:
Triplex
Type of Units:
Efficiency Unit; 2 Bedroom Unit; 3 or more Bdrm Units
Sale Includes:
Building and Land
Floors:
Carpet; Laminate; Tile
Fuel:
Electric; Gas (Natural)
Heat:
Central
Cooling:
Central Cooling
Appliances:
Range; Refrigerator; Smoke Detector
Construction:
Frame
Roof:
Metal
Siding:
Other
Exterior Features:
Deck; Patio; Porch - Covered; Windows - Vinyl
Misc Features:
Internet Available; Kitchen Island; Pantry; Walk-in Shower; Walk-In Closet(s); Washer/Dryer Connect
Other Rooms:
Basement Rec Room; Bedroom Main Level; Family Room; Mstr Bdrm Main Level; Separate Dining Room; Split Bedroom
Fencing:
Fenced Yard
Miscellaneous:
Washer/Dryer Cnctns
New Financing:
Cash; Conventional; FHA; New Loan; VA Loan
Showing:
See Agent Instructns
Documents
ssds ›
Listing Office:
Wallace Jennifer Scates Group
IDX
Office Phone: 865-253-7889
Last Updated: April - 14 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use,
it may not be used for any purpose other than to identify prospective properties
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