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For sale
Duplexes
WI
Madison
53718
1002-1004 Severson Drive

Side-by-Side Duplex Investment

1002-1004 Severson Drive, Madison, WI 53718

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For Sale

$949,900

Duplex-side by side - Madison, WI

Lot size:

0.51 Acres

HighLights

Duplex built in 2005 on Madison’s East Side
Each unit has 4 bedrooms and 3 full bathrooms, including a private en‑suite with double vanities and walk‑in closets
Two living areas per unit, with additional second living room on the lower level
Updated kitchens with stainless steel appliances, plus private deck access
Walkout lower levels open to a large backyard on an oversized corner lot
Garage parking and basement present; appliances include dishwasher and dryer

We can help!

Listing Contact

Jason Berning

For Sale

$949,900

Duplex-side by side - Madison, WI

Lot size:

0.51 Acres

Added:: May 7, 2026
Days on Market:: 34
Last Refresh:: Jun 9 at 9:06 am

Property Features for 1002-1004 Severson Drive

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R3
Bedrooms: 8
Rooms: Basement, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Parking: 4
Parking features: Garage
Basement Y/N: 1
Appliances: Dishwasher, Dryer
Standard status: Active
APN: 0710-114-1701-3
Lot size: 0.51 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 12789

Utilities

Heating system: Forced Air

Building Details

Year built: 2005
Number of units: 2
Building materials: Brick, Stone
Architectural style: Other

We can help!

Listing Contact

Jason Berning

Listing agent Jason Berning

Listing office Realty Executives Cooper Spransy 5940 Seminole Centre Ct Ste 310, Madison, WI

Listing date May 7, 2026

MLS# 2016361 Listing URL

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Duplex built in 2005 on Madison’s East Side
Each unit has 4 bedrooms and 3 full bathrooms, including a private en‑suite with double vanities and walk‑in closets
Two living areas per unit, with additional second living room on the lower level
Updated kitchens with stainless steel appliances, plus private deck access
Walkout lower levels open to a large backyard on an oversized corner lot
Garage parking and basement present; appliances include dishwasher and dryer

Overview

Spacious, well-maintained side-by-side duplex offering two identical layouts, with each unit featuring 4 bedrooms and 3 full bathrooms. The main bedrooms include a private en-suite with double vanities and walk-in closets, while open-concept living and dining areas create flexible everyday space. Each unit also benefits from an additional lower-level living room, adding room for second living, recreation, or other household needs. Updated kitchens include stainless steel appliances, and both units provide access to private decks. Walkout lower levels extend to a large backyard, supported by an oversized corner lot. Recent improvements include newer carpet and wood-laminate flooring.

Located on Madison’s East Side in Dane County, the property is zoned R3. Both units are currently occupied, and showings require at least 24 hours’ notice.

This duplex is positioned for investors seeking proven rental income, along with homeowners who want the convenience of living in one side while renting the other. The combination of multiple bedrooms, three full baths per unit, and flexible lower-level space can appeal to a range of tenant profiles, while the outdoor decks and backyard add practical day-to-day value.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

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Local Demand

City: Madison
County: Dane
State: Wisconsin
Longitude: -89.271002
Latitude: 43.084359

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For sale
Duplexes
WI
Madison
53718
1002-1004 Severson Drive

What type of property is this?

Duplex - Well-maintained side-by-side duplex with updated kitchens, private decks, and walkout lower levels on an oversized corner lot.

Where is this duplex located?

The property is located at 1002-1004 Severson Drive Madison, WI.

What is the asking price?

The asking price for this property is $949,900.

What are key features of this property?

This property features: Duplex built in 2005 on Madison’s East Side; Each unit has 4 bedrooms and 3 full bathrooms, including a private en‑suite with double vanities and walk‑in closets; Two living areas per unit, with additional second living room on the lower level

1002-1004 Severson Drive, Madison, WI 53718

Duplex-side by side - Madison, WI

Property Features for 1002-1004 Severson Drive

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Modern Flex Industrial Building

Turnkey Supper Club Restaurant Building

Turn-Key Restaurant with Finished Basement

Multi-Use Restaurant and Retail Building

6626 Watts Rd, Madison, WI

Nearly New Mixed-Use Building

Side-by-Side Two-Story Duplex

Historic Office Building in Madison

Stabilized 7-Unit Townhouse Apartment

Two-Unit Duplex in Walkable Neighborhood

Turn-Key 3-Unit Residential Income

Side-by-Side Duplex With Garages

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