# 197 Wedgewood Lane, Spring City, TN 37381

> **TL;DR:** 6bd/0ba residential multi family, $445,000 ($98/sqft), built 1982, 4,520 sqft.
> A/C. Est. $1,928/mo. Listed 280 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $445,000 |
| Price/sqft | $98 |
| Bedrooms | 6 |
| Square Feet | 4,520 |
| Year Built | 1982 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 280 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,928 |
| **Total** | **$1,928** |

## Nearby Schools

- **Elementary:** Spring City
- **Middle:** Spring City
- **High:** Rhea County

## Key Amenities

- A/C

## Property Highlights

- Built in 1982

## Description

### Agent Description
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!

## Location

- **Address:** 197 Wedgewood Lane, Spring City, TN 37381
- **County:** Rhea County - 42
- **Coordinates:** 35.65665, -84.880452
- **Google Maps:** https://www.google.com/maps?q=35.65665,-84.880452

## Listing Agent

- **Name:** Jennifer Scates
- **Brokerage:** Wallace Jennifer Scates Group
- **Phone:** 4044039855
- **Email:** jscates@wallacetn.com

## Primary Photo

![197 Wedgewood Lane - Primary Photo](http://lh.rdcpix.com/f490d8fd4a6fb0a99e46f5434e1d9dc1l-f1502661648r.jpg)

*57 total photos available on [listing page](https://www.propertysimple.com/listing/197-wedgewood-lane-spring-city-tn-37381-1307644)*

---

**MLS#:** 1307644 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/197-wedgewood-lane-spring-city-tn-37381-1307644)

---

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