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  • $1,100,000

    1002-1004 Severson Drive, Madison, WI 53718

    8beds
    4,320sqft
    : 
    Multi Family, Duplex
    Built in 2005
    -- sqft lot
    $1,055,900 Zestimate®
    $255/sqft
    $-- HOA

    What's special

    Access to private decksLarge backyardWalkout lower levelsNewer carpetOversized corner lot
    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!
    58 days
    |
    737
    |
    14
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 21, 2026 at 03:34am

    Listed by:

    Jason Berning Jason@WiscoHomeTeam.com,

    Realty Executives Cooper Spransy,

    Wisco Home Team 608-571-3906,

    Realty Executives Cooper Spransy

    Source: WIREX MLS,MLS#: 2016361MLS LogoOriginating MLS: South Central Wisconsin MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 6
      • Full bathrooms: 6
      Heating
      • Natural Gas, Forced Air
      Features
      • Basement: Full,Exposed,Partially Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 4,320
      • Total interior livable area: 4,320 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Car, Attached, Garage Door Opener
      • Attached garage spaces: 2
      Lot
      • Size: 0.51 Acres
      Details
      • Parcel number: 071011417013
      • Zoning: R3

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Duplex
      Materials
      • Vinyl Siding, Brick, Stone
      Condition
      • 21+ Years
      • New construction: No
      • Year built: 2005

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Madison
      • Municipality: Madison

      Financial & listing details

      • Price per square foot: $255/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.
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        Estimated market value

        $1,055,900

        $1.00M - $1.11M

        $2,085/mo

        Price history

        Price history
        DateEventPrice
        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$139/sqft
        Source: SCWMLS #1903907 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        Monthly payment

        Est. payment
        $7,030/mo
        Principal & interest
        $5673
        Property taxes
        $1357
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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: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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