197 Wedgewood Lane, Spring City, TN 37381
$425,000
Property Type:
Multi-Family
Square Footage:
4,520
Status:
Active
Current Price:
$425,000
List Date:
7/09/2025
Last Modified:
7/07/2026
Overview
Description
...
(Read more)
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!
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
- 425000
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
Status Change Info
- Status Change Date
- 2025-07-09
More Information
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
IDX
Listing Office:
Wallace Jennifer Scates Group
Last Updated: July - 07 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 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 consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
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