1002-1004 Severson Drive, Madison, WI 53718
Dane County
Key Facts
Listing Courtesy: Realty Executives Cooper Spransy - Jason@WiscoHomeTeam.com
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!
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
2005
Lot Size
0.51 acres
Garage Spaces
2
Parking Spaces
12
Days on Market
110
MLS® Listing#
2016361
Property Features
Appliances
Basement
Parking
Construction
Sewer
Water Source
Rooms
- 16x21
- 13x14
- 16x21
- 13x18
- 13x14
- 13x18
- Bedroom 110x13
- Bedroom 110x13
- Bedroom 210x13
- Bedroom 210x13
- Kitchen10x16
- Kitchen10x16
- Living Room14x19
- Living Room14x19
Schools
- Elementary:
- Call School District
- Middle:
- Sennett
- High:
- Lafollette
- District:
- Madison
Financial Details
Annual Taxes
$12,789
Tax year 2024
Assessed Value
$731,800
Directions
Cottage Grove Road to South on Severson
Affordability Calculator
$189,980
Estimated monthly payment
$5,056/mo
Principal $759,920 · Est. interest $1,060,156 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Madison, WI
- $463,303
- Median Listing Price
- 40
- Median Days on Market
- 1,648
- Median Sq Ft
- $259
- Median Price / Sq Ft
- 596
- Active Listings
- This home’s price is 105% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Madison, WI.
Location
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Points of Interest in Madison, WI
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Nearby Homes
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Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 5794 Portage & 3949 Hoepker Road, Madison, WI | $700,000 | 7 | — | — |
| 14 N Franklin Street, Madison, WI | $710,000 | 9 | — | — |
| 5110 Pebblebrook Drive, Madison, WI | $779,900 | 8 | — | — |
| 58 Sunfish Court, Madison, WI | $815,000 | 8 | — | — |
| 4706 Jenewein Road, Madison, WI | $850,000 | 12 | — | — |
| 124 N Franklin Street, Madison, WI | $900,000 | 8 | — | — |
