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  • $475,000

    197 Wedgewood Ln, Spring City, TN 37381

    6beds
    2baths
    4,520sqft
    : 
    Multi Family
    Built in 1982
    -- sqft lot
    $-- Zestimate®
    $105/sqft
    $-- HOA

    What's special

    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!
    31 days
    on Zillow
    |
    241
    |
    7
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 09, 2025 at 10:38pm

    Listing Provided by:

    Jennifer Scates 404-403-9855,

    Wallace-Jennifer Scates Group 865-474-9874

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2931920MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 197 Wedgewood Ln.

    Next available tour time:Today at 12pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Heating
    • Central, Electric, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Laundry: Washer Hookup, Electric Dryer Hookup
    Features
    • Flooring: Carpet, Laminate, Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 4,520
    • Total interior livable area: 4,520 sqft

    Property

    Features
    • Levels: Three Or More
    Lot
    • Size: 9,384.43 Square Feet
    • Dimensions: 100 x 207.8 and 300 x 188
    Details
    • Parcel number: 042 00910 000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Frame, Other
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    Location
    • Region: Spring City

    Financial & listing details

    • Price per square foot: $105/sqft
    • Tax assessed value: $196,400
    • Annual tax amount: $992
    • Date on market: 7/9/2025
    • Total actual rent: 0
    • Electric utility on property: Yes
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