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For sale
    • $949,900

    1002-1004 Severson Dr, Madison, WI 53718

    8beds
    4,320sqft
    : 
    $7,631/mo
    Get pre-qualified
    Duplex
    Built in 2005
    -- sqft lot
    $918,700 Zestimate®
    $220/sqft
    $-- HOA

    What's special

    This spacious, well-maintained duplex on Madison’s East Side offers a fantastic opportunity for investors and/or homeowners! Each side features 4 bedrooms and 3 full bathrooms, including a private en-suite with double vanities and walk-in closets in the main bedrooms. The open-concept living and dining areas provide ample space, while a second living room in the lower level adds flexibility. Both units offer updated kitchens with stainless steel appliances and access to private decks, perfect for outdoor living. The walkout lower levels lead to a large backyard and oversized corner lot, ideal for recreation. Recent updates include newer carpet, wood/laminate flooring, and more. With a rock solid proven rental history, this duplex is a sound investment. Both units are currently occupied, so please allow at least 24 hours notice for showings. Don’t miss this opportunity to own a fantastic income property in a prime location!
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jason Berning,

    Realty Executives Cooper Spransy,

    WISCO Home Team,

    Realty Executives Cooper Spransy

    Source: SCWMLS,MLS#: 2016361

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 6
      • Full bathrooms: 6
      Heating
      • Natural Gas, Forced Air, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2)
      Cooling
      • Air Conditioning (Unit 1), Air Conditioning (Unit 2)
      Appliances
      • Included: Dishwasher (Unit 1), Range/Oven (Unit 1), Refrigerator (Unit 1), Dishwasher (Unit 2), Range/Oven (Unit 2), Refrigerator (Unit 2)
      Features
      • Eat In Kitchen (Unit 1), Family/Rec Room (Unit 1), Fireplace (Unit 1), Primary bedroom bath, Eat In Kitchen (Unit 2), Family/Rec Room (Unit 2), Fireplace (Unit 2)
      • Basement: Full,Full size windows/Exposed,Partially Finished
      • Number of fireplaces: 2
      Interior area
      • Total structure area: 4,320
      • Total interior livable area: 4,320 sqft

      Property

      Parking
      • Total spaces: 12
      • Parking features: 2 stall garage, Attached, Garage Door Opener
      • Attached garage spaces: 4
      • Details: Outside
      Features
      • Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2)
      Lot
      • Size: 0.51 Acres
      Details
      • Parcel number: 071011417013
      • Zoning: R3

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Brick, Stone, Vinyl Siding
      Condition
      • Year built: 2005

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Madison

      Financial & listing details

      • Price per square foot: $220/sqft
      • Tax assessed value: $731,800
      • Annual tax amount: $12,789
      • Date on market: 2/11/2026
      • Inclusions: 2 Ranges, 2 refrigerators, 2 dishwashers, 2 microwaves, 2 clothes washing machines, 2 clothes dryers, 2 water softeners
      • Exclusions: Any personal property of tenants.
      • Total actual rent: 55200

        Estimated market value

        $918,700

        $873,000 - $965,000

        $2,085/mo

        Price history

        DateEventPrice
        5/4/2026Price change$949,900-13.6%$220/sqft
        Source: WIREX MLS #2016361 Report a problem
        2/11/2026Listed for sale$1,100,000+83.6%$255/sqft
        Source: WIREX MLS #2016361 Report a problem
        5/21/2021Listing removed--
        Source: SCWMLS Report a problem
        4/7/2021Listed for sale$599,000+27.4%$139/sqft
        Source: SCWMLS #1903907 Report a problem
        10/30/2019Sold$470,000+23.7%$109/sqft
        Source: SCWMLS #1858202 Report a problem
        5/20/2016Sold$380,000$88/sqft
        Source: SCWMLS #1749782 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 53718

        Getting around

        52 / 100
        Somewhat Walkable
        40 / 100
        Some Transit
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Sennett
        • High: Lafollette
        • District: Madison

        Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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