ETN .PROPERTIES
← Back to search
$425,000 $94/sq ft
Active 411 days on market

197 Wedgewood Lane

Spring City, TN 37381 · Rhea County

4,520 sq ft 1982 built

Financing this home

Get an instant preapproval amount

Call (865) 535-7119 and answer a few questions about income and expenses. An automated system gives you your preapproval amount on the spot.

  • No credit pull
  • Completely automated
  • Available 24/7
Financing accepted
CashConventionalFHANew LoanVA Loan

About this property

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!

Facts & features

Overview

Type
Residential Income
Tax jurisdiction
County (unincorporated)
HOA
None
Year built
1982
Price / sq ft
$94
Show all facts & features Show less

Interior

Building area
4,520 sq ft

Parking

On Premise Parking

Listing details

MLS #
1307644
Status
Active
Days on market
411 days

Location

197 Wedgewood Lane, Spring City, TN 37381 Rhea County Open in Maps

Listing courtesy of Wallace Jennifer Scates Group. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates.