Listing provided courtesy of Realty Executives Cooper Spransy- MLS# 2016361
Contact Information: [email protected]
Contact Information: [email protected]Images
Request Info1002-1004 Severson DriveMadison, WI 53718
Multi-Family · 0.51 Acres$949,900
Active
1002-1004 Severson Drive Overview
- Time on Site:
- 138 days
- Visits:
- 13
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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1002-1004 Severson Drive Facts & Features
- Type Multi-Family
- Lot 0.51 Acres
Details
General
School Information
- Elementary School: Call School District
- Middle Or Junior School: Sennett
- High School: Lafollette
Building Information
- Water/Waste: Municipal sewer, Municipal water
- Year Built: 2005
Location/Region
- County Or Parish: Dane
- Location: MADISON - C E12
- Postal City: Madison
Rent/Lease Information
- Unit 2 Monthly Rent: $2,500.00
Tax Information
- Tax Annual Amount: $12,789.00
- Tax Assessed Value: $731,800.00
- Tax Year: 2024
General Information
- Exclusions: Any personal property of tenants.
- Inclusions: 2 Ranges, 2 refrigerators, 2 dishwashers, 2 microwaves, 2 clothes washing machines, 2 clothes dryers, 2 water softeners
- Parcel Number: 0710-114-1701-3
- Property Type: Multi Family
- Sub-Type: Duplex-side by side
- Zoning: R3
Unit Information
- Unit 1: Family/Rec rm, Eat-in kitchen, Balcony/patio, Air conditioning, Fireplace, Range/oven, Refrigerator, Dishwasher, Individual heat control, Primary bedroom bath
- Unit 2: Family/Rec rm, Eat-in kitchen, Balcony/patio, Air conditioning, Fireplace, Range/oven, Refrigerator, Dishwasher, Individual heat control, Primary bedroom bath
Interior
Building Information
- # Furnaces: 2
- Heating Fuel: Natural Gas
Beds/Baths
- Number of 2 Bedrooms: 0
Building Interior
- # Stoves: 2
- # Water Heaters: 2
General Information
- Basement: Full, Full size windows/Exposed, Partially finished
Unit Information
- Unit 1 Monthly Rent: $2,100.00
- Unit 2 Parking: 2 Car Garage
- Unit 1 Parking: 2 Car Garage
- Unit 1 # Bedrooms: 4
- Unit 2 # Bedrooms: 4
- Unit 1 Full Baths: 3
- Unit 1 Half Baths: 0
- Unit 2 Full Baths: 3
- Unit 2 Half Baths: 0
- Unit 1 Primary Bedroom Level: U
- Unit 1 Primary Bedroom Dimension: 13x14
- Unit 1 Bedroom 2 Level: U
- Unit 1 Bedroom 2 Dimension: 10x13
- Unit 1 Bedroom 3 Level: U
- Unit 1 Bedroom 3 Dimension: 10x13
- Unit 1 Kitchen Level: M
- Unit 1 Kitchen Dimension: 10x16
- Unit 1 Living/Great Room Level: M
- Unit 1 Living/Great Room Dimension: 14x19
- Unit 1 Other Room: Bedroom
- Unit 1 Other Room Level: L
- Unit 1 Other Room Dimension: 13x18
- Unit 1 Other Room 2: Family/Rec Room
- Unit 1 Other Room 2 Level: L
- Unit 1 Other Room 2 Dimension: 16x21
- Unit 2 Primary Bedroom Level: U
- Unit 2 Primary Bedroom Dimension: 13x14
- Unit 2 Bedroom 2 Level: U
- Unit 2 Bedroom 2 Dimension: 10x13
- Unit 2 Bedroom 3 Level: U
- Unit 2 Bedroom 3 Dimension: 10x13
- Unit 2 Kitchen Level: M
- Unit 2 Kitchen Dimension: 10x16
- Unit 2 Living/Great Room Level: M
- Unit 2 Living/Great Room Dimension: 14x19
- Unit 2 Other Room: Bedroom
- Unit 2 Other Room Level: L
- Unit 2 Other Room Dimension: 13x18
- Unit 2 Other Room 2: Family/Rec Room
- Unit 2 Other Room 2 Level: L
- Unit 2 Other Room 2 Dimension: 16x21
Exterior
Parking Information
- Parking Stalls Inside: 4
Lot Information
- Lot Size Acres: 0.51
Building Exterior/Construction
- Construction Materials: Vinyl, Brick, Stone
General Information
- Number Of Units Total: 2
1002-1004 Severson Drive Neighborhood
Community
53718 (Madison) Demographics
37
Median Age
791
Population Density (per sq. mile)
63%
College Educated
$86,263
Estimated Median Income
4,245
Estimated Total Home Owners
2,623
Estimated Total Renters
62% / 38%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1002-1004 Severson Drive Monthly Cost
1002-1004 Severson Drive Market Data
Based on the last 30 days in this zip code
$456,598
Average List Price
$239
Average Price per Square Foot
35
Properties Sold
65
Average Days on Market
85
Properties for Sale
1002-1004 Severson Drive History
| Date | Value | Agent |
|---|---|---|
| 5/4/2026Source: South Central Wisconsin MLS | $949,900 -13.6% |
|
| 2/11/2026Source: South Central Wisconsin MLS | February 11, 2026 |
|
| 7/28/2025Source: South Central Wisconsin MLS | March 31, 2022 |
|
| 7/28/2025Source: South Central Wisconsin MLS | March 31, 2022 |