197 Wedgewood Lane, Spring City, TN 37381 (MLS # 1307644)


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!

LAST UPDATED 7/9/2025 YEAR BUILT 1982
COMMUNITY Rhea County - 42 COUNTY Rhea County - 42
STATUS Active PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Spring City
Jr. High School Spring City
High School Rhea County


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Range, Refrigerator
AREA Rhea County - 42
CONSTRUCTION Frame, Other
HEAT Central, Electric, Natural Gas
INTERIOR Kitchen Island, Pantry, Walk-In Closet(s)
LOT DIMENSIONS 100 X 207.8 and 300 x 188
PARKING On Site
TAXES 992.43



 
CONTACT US ABOUT 197 WEDGEWOOD LANE
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Listed with Wallace Jennifer Scates Group

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