Improved Residential Land for Sale in Spring City, Tennessee
197 Wedgewood Ln, Spring City, TN 37381
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!
- Listed by Jennifer Scates, (404) 403-9855, Wallace-Jennifer Scates Group
Location
- Street address
- 197 Wedgewood Ln
- County
- Rhea County
- Elevation
- 880 feet
Directions
75 South To exit 368, then 68 to Spring City, take exit 60 north to Spring City, go 11 miles and turn right onto Wedgewood Lane and property is on the left. Sign on the property.
Property details
- Acreage
- 1.5 acres
- MLS #
- REALTRACS 2931920
- Posted
Property taxes
- Recent
- $992
Parcels
- 042 00910 000
Details and features
Listing
- Type
- Residential Income
- Unit Count
- 3
- Financing
- Conventional, FHA, VA
- Possession
- Close of Escrow
Lot
- Dimensions
- 100 X 207.8 and 300 X 188
Structure
- Type
- Triplex
- Levels
- Three or More
- Heating
- Central, Electric, Natural Gas
- Cooling
- Central Air
- Materials
- Frame
- Roof
- Metal
Interior
- Flooring
- Carpet, Laminate, Tile
- Laundry
- Electric Dryer Hookup, Washer Hookup
- Security
- Smoke Detector(s)
Property utilities
| Category | Type | Status | Description |
|---|---|---|---|
| Power | Grid | Available | — |
| Gas | Natural Gas | Available | — |
Nearby schools
| Name | Level | District | Description |
|---|---|---|---|
| Spring City Elementary | Elementary | — | — |
| Spring City Middle School | Middle | — | — |
| Rhea County High School | High | — | — |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 6, 2026 | New listing | $445,000 | — | REALTRACS |
Payment calculator
Based on information submitted to the MLS GRID as of Jan 7, 2026 8:00 am MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more