197 Wedgewood Lane Spring City, TN 37381
- Added:
- Jul 9, 2025
- Days on Market:
- 284
- Last Refresh:
- Apr 18 at 6:06 am
Property Features for 197 Wedgewood Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 6, Bathroom 3, Bedroom 3, Bedroom 5, Bathroom 1, Dining Room, Bedroom 4, Bedroom 1
- Patio and Porch features
- Patio, Porch
- Interior features
- Walk-In Closet(s), Kitchen Island, Pantry
- Exterior features
- Windows - Vinyl
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 042 009.10
- Size
- 4,520 SF
- Lot size
- 1.50 Acres
Taxes and HOA fees
- Tax Annual Amount
- 992
Utilities
- Heating system
- Natural Gas, Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1982
- Number of units
- 3
- Flooring type
- Tile, Laminate, Carpet
- Building materials
- Frame
- Roof type
- Metal
Listing agent Jennifer Scates (404) 403-9855
Listing office Wallace Jennifer Scates Group 102 Adair Drive, Knoxville, TN (865) 253-7889
Listing date Jul 9, 2025
MLS# 1307644
Listing URL
Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Versatile Multi-Unit Property in Spring City
This property in Spring City, Tennessee, presents a unique investment opportunity with three separate units situated on 1.5 acres. Unit 1 features 3,000 sq. ft. of living space with an open-concept main floor, new flooring, shower, staircase, windows, and back door. Central HVAC has been installed for year-round comfort. The upstairs includes two bedrooms and a full bath, while the downstairs level offers a bedroom, a bathroom, and two additional rooms suitable for game rooms, offices, or storage. The lower level, with some materials on-site, opens to a fenced backyard. Unit 2 is an attached efficiency or mother-in-law suite with a separate address, featuring a full bath with a new vanity, toilet, and windows. 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. This property is suitable for rental income, a multi-generational family compound, or a combination of both. It is ideal as income-producing rentals, a family retreat, or a combination of both.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Spring City
- County
- Rhea
- State
- Tennessee
- Longitude
- -84.880452
- Latitude
- 35.65665
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Three separate units on 1.5 acres near Spring City.
Where is this multifamily property located?
The property is located at 197 Wedgewood Lane Spring City, TN.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Three separate living units offering diverse income or multi‑generational living options.; Situated on 1.5 private acres, providing a secluded setting minutes from Spring City.; Unit 1 features significant recent upgrades including new flooring, shower, staircase, windows, back door, and central HVAC.
