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$1,100,000
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Property Description
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!
Full Property Details
Full Property Details for 1002-1004 Severson Dr
General
- Price: $1,100,000
- Taxes: $12,789 (2024)
- Status: Active
- Type: Duplex
- Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
- MLS ID: 2016361
- Updated: 2/12/2026
- Added to Site: 7 day(s) ago
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Garage Description: 2 Car, Attached, Opener Included
Location
- Municipality: Madison
- County: Dane
- Driving Directions: Cottage Grove Road to South on Severson
School Information
- School District: Madison
- Elementary School: Call School District
- Middle School: Sennett
- High School: Lafollette
Heating & Cooling
- Heating Fuel: Natural Gas
- Heating/Cooling: Forced Air
Utilities
- Water/Sewer: Municipal Water, Municipal Sewer
Structural Information
- Description/Design: Side-by-Side Duplex, Duplex
- Exterior Const.: Vinyl, Brick, Stone
- Basement Desc.: Full, Exposed, Full-Size Windows, Partially Finished
- Year Built: 2005
Unit Information
- Units in Building: 2
Unit 1
- Square Feet: 2160
- Bedrooms: 4
Unit 2
- Square Feet: 2160
- Bedrooms: 4
- Primary Bedroom: Upper Level, 13 x 14
- Bedroom 2: Upper Level, 10 x 13
- Bedroom 3: Upper Level, 10 x 13
- Living Room: Main Level, 14 x 19,
- Kitchen: Main Level, 10 x 16,
Lot Features
- Lot Size Source: Assessor/Public Record
- Zoning: R3
Financial Considerations
- Tax Amount: $12,789
- Tax Year: 2024
Disclosures and Reports
- 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
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Price & Sales History for 1002-1004 Severson Dr
Date
Details
Price
Change
Source
2/11/2026
Listed
$1,100,000
134.04%
MLS
10/30/2019
Sold
$470,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1002-1004 Severson Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,790
22%
$665,300
10%
2022
$10,491
5%
$604,800
15%
2021
$10,019
-4%
$526,400
12%
2021
$10,481
—
$470,000
—
2020
$10,481
19%
$470,000
19%
2019
$8,835
3%
$395,200
4%
2018
$8,583
-3%
$380,000
—
2017
$8,845
54%
$380,000
57%
2016
$5,729
-6%
$242,300
—
2015
$6,121
4%
$242,300
—
2014
$5,870
2%
$242,300
3%
2013
$5,775
—
$235,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1002-1004 Severson Dr
1002-1004 Severson Drive, Madison, WI 53718 (MLS# 2016361) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1002-1004 Severson Drive is currently listed for $1,100,000 and was received on February 11, 2026. Want to learn more about 1002-1004 Severson Drive? Do you have questions about finding other Duplex real estate for sale in Madison? You can browse all Madison real estate or contact a Coldwell Banker agent to request more information.

