$445,000

197 Wedgewood Ln, Spring City, TN 37381

4,520 sq ft

Listed by Wallace Jennifer Scates Group, Jennifer Scates

Status: Active

MLS® #1307644

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!

QUICK OVERVIEW

Built in 1982
$98 / Sq Ft
Central Cooling
Central, Natural Gas, Electric
242 Days on website

INTERIOR

BUILDING AND CONSTRUCTION

EXTERIOR AND LOT

UTILITIES

AREA AND SCHOOLS

FINANCIAL INFO

Price per square foot and days on website are not provided values and are calculated by REMAX.

Listing Agent Jennifer Scates

Listing Office Wallace Jennifer Scates Group, 865-253-7889

Updated Saturday, March 7, 2026 at 11:53:35 PM

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the East Tennessee Realtors® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than , are indicated by detailed information about them such as the name of the listing firms. The East Tennessee Realtors® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright © 2026 East Tennessee Realtors® Multiple Listing Service. All Rights Reserved.

NEIGHBORHOOD

About the Zip Code 37381 Neighborhood

Home buyers who prefer a relaxed environment will enjoy Zip Code 37381. Zip Code 37381 is wonderful for those who like quiet surroundings, as there are generally low levels of noise from traffic.

Learn more about Zip Code 37381

Car friendly

Excellent access to freeways and/or major arteries, with almost no chance of parking problems

Quiet

Very few sources of noise nearby

Cycling friendly

Not very suitable for bicycle commuting and/or recreational cycling

Restaurants

Few or no restaurants within walking distance

Pedestrian friendly

Other transportation modes are needed to reach day-to-day needs

CLIMATE RISK FOR 37381

PROPERTY HISTORY FOR 197 Wedgewood LN

BUYING

How Much Should You Offer on a House?

September 3, 2025

BUYING

10 Tips for Getting the Best Mortgage Rate

June 18, 2025

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197 Wedgewood Ln, Spring City, TN 37381