1002-1004 Severson Dr, Madison, WI 53718
Property image
Property image
FOR SALE
0.51 ACRES

$949,900

Original price: $1,100,000
  • 8 Beds
  • 6 Baths
  • 4,320 sqft (on 0.51 acres)

1002-1004 Severson Dr, Madison, WI 53718

Est. Mortgage $6,313/mo*
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Home Highlights

Multi-Family
Built in 2005
0.51 acre lot
$220/sqft
4 Car Garage

Local Information

  • Map ViewExplore the area around 1002-1004 Severson Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique: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!
Last check for updates: about 19 hours ago
Listing courtesy of Jason Berning
Realty Executives Cooper Spransy
WISCO Home Team
Realty Executives Cooper Spransy
Source: SCWMLS, MLS#2016361

Home Details for 1002-1004 Severson Dr

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full,Full size windows/Exposed,Partially Finished
Beds & Baths
Number of Bedrooms: 8Number of Bathrooms: 6Number of Bathrooms (full): 6
Dimensions and Layout
Living Area: 4320 Square Feet
Appliances & Utilities
Appliances: Dishwasher (Unit 1), Range/Oven (Unit 1), Refrigerator (Unit 1), Dishwasher (Unit 2), Range/Oven (Unit 2), Refrigerator (Unit 2)Dishwasher
Heating & Cooling
Heating: Natural Gas,Forced Air,Individual Heat Control (Unit 1),Individual Heat Control (Unit 2)Has CoolingAir Conditioning: Air Conditioning (Unit 1),Air Conditioning (Unit 2)Has HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 2Has a Fireplace

Exterior Features

Exterior Home Features
Patio / Porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2)
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4Other Parking: OutsideNo CarportHas a GarageHas an Attached GarageParking Spaces: 12Parking: 2 stall garage,Attached,Garage Door Opener
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 2005
Property Type / Style
Property Type: Residential IncomeProperty Subtype: DuplexStructure Type: Duplex-side by sideArchitecture: Duplex-side by side
Building
Construction Materials: Brick, Stone, Vinyl Siding
Property Information
Not Included in Sale: Any personal property of tenants.Included in Sale: 2 Ranges, 2 refrigerators, 2 dishwashers, 2 microwaves, 2 clothes washing machines, 2 clothes dryers, 2 water softenersParcel Number: 071011417013

Price & Status

Price
List Price: $949,900Price Per Sqft: $220

Location

Direction & Address
City: Madison
School Information
Elementary School: Call School DistrictElementary School District: MadisonJr High / Middle School: SennettJr High / Middle School District: MadisonHigh School: LafolletteHigh School District: Madison

Agent Information

Listing Agent
Listing ID: 2016361

Building

Building Area
Building Area: 4320 Square Feet

Lot Information

Lot Area: 0.51 acres

Rental Terms, Policies & Fees

Are Units Furnished: None

Miscellaneous

BasementMls Number: 2016361Attribution Contact: Jason@WiscoHomeTeam.com

Around this home

What Locals Say about Madison

At least 1686 Trulia users voted on each feature.

  • 92 % Say it's dog friendly

  • 85 % Say there are sidewalks

  • 82 % Say parking is easy

  • 74 % Say car is needed

  • 71 % Say there's holiday spirit

  • 70 % Say yards are well-kept

  • 70 % Say kids play outside

  • 69 % Say people would walk alone at night

  • 64 % Say it's walkable to restaurants

  • 63 % Say streets are well-lit

  • 61 % Say there's wildlife

  • 60 % Say it's quiet

  • 57 % Say neighbors are friendly

  • 54 % Say it's walkable to grocery stores

  • 54 % Say they plan to stay for at least 5 years

  • 39 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Marbledmess
    "You will love it! Can be hard to find fully enclosed yards but there are dog parks "
    0
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  • Trulia User
    "Great parks, cool restaurants"
    0
    Flag
  • Raymonroejackson
    "This community is stable, and it’s important for them to remember to teach their children how to maintain its safety and strength."
    0
    Flag
  • Trulia User
    "I am newer in my neighborhood & feel welcome. Those close to me have been helpful in getting acquainted."
    0
    Flag
  • Mitchell William Beiter
    "I like all the sidewalks and restaurants nearby. I liked it a lot more than I expected, I don’t see my neighbors much though"
    0
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  • Matt P
    "We absolutely love living here! There are three parks within a 10-minute walk from our house, including the multiple playground sets at the elementary school. We feel safe and secure, and we know all our neighbors. It's a great place to raise a family!"
    0
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  • Mitchell William Beiter
    "Pretty walkable I think! I don’t have a pet but most roads have a sidewalk and there’s plenty of garbage cans around "
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  • Lkeillorcollins
    "Have lived downtown for 10 years. Love it. So much to do, restaurants, entertainment. The lakes. Easy access to public transportation. "
    0
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  • Jlittel66
    "Friendly neighborhood community. My neighbors offer support and we have fun with neighborhood social gatherings"
    0
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  • Abdirizakmohamud05
    "The area had great park and I think it’s good for families to leave there to keep kids happy. However school has also nearby as the area is been well organized for everything including bus transportation. Also you can get community guidelines if necessary"
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    Flag
  • Nicholas Vest
    "I don’t see as many families in the new multi-level apartment buildings (the high rises). There are some families living downtown, but they might be in condos. The west and east sides outside the square and campus housing have many more families. Downtown is great for the children’s museum, farmers market, and monona terrace has live music, etc. sometimes. Outside of the square, there are nice parks for kids and families with play sets and beaches."
    2
    Flag
  • Shirley.eckes
    "There is a pet store within walking distance as well as several parks for leashed pets and socialization"
    1
    Flag
  • Shirley.eckes
    "Friendly neighborhood, close to the lakes, restaurants and music events. The location is convenient to go downtown and bike around the lake "
    0
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  • Trulia User
    "Madisonian born and raised! It’s a beautiful city with lots of friendly faces. There are community areas and events to enjoy with family and friends year round!"
    0
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  • Shirley.eckes
    "The 5 festivals, easy bike access, great nearby bars and restaurants. Also friendly neighbors including an annual block party and round robin dinner get together "
    0
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  • Steven C. Schaefer
    "Really peaceful and serene, feels connected to nature more so than other neighborhoods in this price range"
    0
    Flag
  • Shirley.eckes
    "Festivals, lakes, biking, local restaurants, mass transportation, great neighborhoods vibe, music venues"
    0
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  • 2xb4kvtmt9
    "Age diverse neighborhood with beautiful and well maintained parks within walking distance. Homes/properties are well maintained and the proximity to all the great places and events Madison and Sun Prairie have to offer are only moments away."
    0
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  • Viajeromundo
    "Nice work man keep going man keep going hard keep going you are doing amazing things keep it coming keep going you can do what you’re feeling good and you will be doing good keep "
    0
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  • Shirley.eckes
    "Convenient location with great restaurants, music venues and summer festivals. Charming houses and friendly neighbors. "
    1
    Flag
  • Msgt621
    "Walk ability, access to public transportation, close to university and downtown . Access to shopping and restaurants "
    0
    Flag
  • Xn9ymxhgrh
    "Good neighborhood but dangerious still but has been cleaned up greatly by apartment owners and the local authorities. I’ve witnessed a ton of change within the past year. "
    1
    Flag
  • Pavelec
    "Only 1 north exit and 1 south exit cuts down on traffic on the side streets. Beautiful large park in the middle of the subdivision."
    0
    Flag
  • Lindsey Ray
    "I’ve lived here for 3 years and plan to stay awhile ! Beautiful lakes, great neighborhood, friendly people, walkable and bike-able! It’s great I love it. "
    0
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  • Mm
    "Walking or biking easy access to us and hospitals and anything else you might want to do. Extra schar"
    0
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  • Simon Huang
    "I don’t like about living with dog owners as my neighborhood，because I am afraid of dogs，especially the big dogs．I had been attacked by a dog when I was in childhood."
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  • Mfzwc2snw7
    "I love living here it’s home I’ve been living here for 5 years and love every second of it but right now I’m trying to move again in Fitchburg will be nice hopefully "
    0
    Flag
  • Trulia User
    "Good nice people around hear I love respect and taking care of others I love parks and school for kids all positive vibes "
    1
    Flag
  • Trulia User
    "I see lots of people walking their dogs all the time, nobody seems to have a problem with it. The area is great for walks along the bay! "
    0
    Flag
  • Trulia User
    "Very dog friendly, neighbors are always out walking their digs, and there is a popular dog park in the neighborhood "
    0
    Flag
  • Trulia User
    "I drive less than ten minutes to an industrial zone where I work. Close to downtown, belt line, Hwy 14 bike trails and Lewis nine Springs Environmental byway. "
    0
    Flag
  • Trulia User
    "Events at Olbrich are very special and often free or reasonably priced. It's overall a very kind and friendly neighborhood."
    2
    Flag
  • Trulia User
    "There is a great natural feel to living in this area. There are lots of birds, squirrels, bunnies, and chipmunks that appear outside. Mature trees exist and bring wonderful shade during the summer. "
    0
    Flag
  • Trulia User
    "Walking and bike path access to parks and trails is available. Various housing style opportunities exist in this neighborhood. A community garden is here too. Getting into downtown is very easy. Traffic is mostly off major arterial streets."
    1
    Flag
  • Trulia User
    "Its long, about to change. Still makes for a long day if you rely on public transportation. I am required to say more than my succinct sentence. "
    0
    Flag
  • Trulia User
    "Community oriented, walking distance to water, local restaurants and activities. Family friendly. "
    0
    Flag
  • Trulia User
    "I don’t know much about community events, I look for decent people…………………………………………………….decent neighborhoods. "
    0
    Flag
  • Trulia User
    "friendly neighbors, ample nature, good walking paths, safe area, walkable to downtown Middleton, accesible by the 15 busline, neighborhood pool if you want to join"
    0
    Flag
  • Trulia User
    "It is a nice commute, and most of the places around here are walkable. so you save a lot of money on gas."
    0
    Flag
  • Trulia User
    "Great access to shopping ,grocery stores, entertainment,UW campus and a UW Hospitals. Good access to bike paths and running routes. "
    0
    Flag

Market trends in Madison

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$429K
$2.5KMoM
Sale-to-List Price
101.6%
0.9%MoM
Price per sq ft
$259
$7MoM
Available listings
551
5MoM

Home Value

Trulia Estimate
$926K
Since last month
Increased$25K (+2.8%)
Since last year
Increased$172K (+22.8%)
Since last sale
Increased$456K (+97.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +53% in the last 10 years
MonthEstimated value
2026
September 2026$926K
August 2026$901K
July 2026$906K
June 2026$910K
May 2026$912K
April 2026$1.05M
March 2026$1.06M
February 2026$1.07M
January 2026$739K
2025
2024
2023
2022
2021

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1321-1323 S Thompson Dr, Madison, WI
0.71
Multi-Family Home
$530,000
01/02/26
6
3
2,556
1337 S Thompson Dr, Madison, WI
0.73
Multi-Family Home
$540,000
10/06/25
6
4
2,800
6062 Driscoll Dr, Madison, WI
1.05
Multi-Family Home
$1,495,000
06/24/26
12
10
7,644
4292 Vilas Hope Rd, Cottage Grove, WI
1.63
Multi-Family Home
$570,000
05/04/26
6
4
3,626
5222/5224 Piccadilly Dr, Madison, WI
1.53
Multi-Family Home
$387,900
09/24/25
4
2
2,210
2-4 Meadowlark Dr, Madison, WI
1.67
Multi-Family Home
$470,000
02/20/26
6
2
2,160
1-3 Milo Ln, Madison, WI
1.98
Multi-Family Home
$510,000
04/20/26
6
4
2,994
814-816 Acewood Blvd, Madison, WI
1.65
Multi-Family Home
$440,000
06/30/26
5
2
1,856
4801 Kim Ln, Madison, WI
2.26
Multi-Family Home
$806,000
04/07/26
8
6
5,320
918 Jana Ln, Madison, WI
2.39
Multi-Family Home
$810,000
12/29/25
8
8
4,400

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
6 Fredericksburg Ct, Madison, WI 53718
0.05
$630,000
4
2.5
2,755
For Sale
6226 Fredericksburg Ln, Madison, WI 53718
0.10
$637,200
4
3.5
3,428
Off Market
6219 Kilpatrick Ln, Madison, WI 53718
0.06
$397,700
3
3
2,171
Off Market
6313 Kilpatrick Ln, Madison, WI 53718
0.07
$395,600
3
3
2,085
Off Market
6215 Kilpatrick Ln, Madison, WI 53718
0.07
$491,100
3
2.5
2,461
Off Market
6303 Maywick Dr, Madison, WI 53718
0.11
$387,000
2
2
1,486
Off Market
6341 Maywick Dr, Madison, WI 53718
0.11
$447,300
3
3
2,645
Off Market
6309 Kilpatrick Ln, Madison, WI 53718
0.08
$349,900
3
3
2,177
Recently Sold
6301 Maywick Dr, Madison, WI 53718
0.11
$440,800
3
3
2,685
Off Market
3469 Palace ROAD, Madison, WI 53718
0.13
$571,500
4
3.5
3,324
Off Market
1109 McLean Dr, Madison, WI 53718
0.13
$631,000
4
3.5
3,124
Off Market

Price and Tax history

DateEventPrice
May 4, 2026
Source: WIREX MLS #2016361
PriceChange
$949,900
Price decreased by 14%
Feb 11, 2026
Source: WIREX MLS #2016361
Listed For Sale
$1,100,000
May 21, 2021
Source: SCWMLS
ListingRemoved
Apr 7, 2021
Source: SCWMLS #1903907
Listed For Sale
$599,000
Oct 30, 2019
Source: SCWMLS #1858202
Sold
$470,000

LGBTQ Local Legal Protections

Jason Berning, Realty Executives Cooper Spransy

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Frequently asked questions about 1002-1004 Severson Dr

  • What is the estimated monthly payment for 1002-1004 Severson Dr?
    Based on a $949,900 list price with 20% down at today's rates, the estimated monthly payment for 1002-1004 Severson Dr in Madison, WI is approximately $6,411 (about $5,164 principal & interest, $1,172 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 1002-1004 Severson Dr compare to homes in Madison?
    1002-1004 Severson Dr in Madison, WI is listed at $949,900, about 122% above the $429K median sale price in Madison.
  • What do residents say about Madison?
    Residents describe Madison, WI as dog-friendly, pedestrian-friendly, and easy to park in. See homes for sale in Madison, WI.
  • What are the closest schools to 1002-1004 Severson Dr?
    The closest schools to 1002-1004 Severson Dr in Madison, WI are Elvehjem Elementary School (Pre-K, rated 7/10), Lafollette High School (rated 6/10), Sennett Middle School (rated 5/10).
  • Does 1002-1004 Severson Dr have air conditioning?
    Yes, 1002-1004 Severson Dr in Madison, WI has air conditioning.
1002-1004 Severson Dr, Madison, WI 53718 is a 8 bedroom, 6 bathroom, 4,320 sqft multi-family built in 2005. This property is currently available for sale and was listed by SCWMLS. The MLS # for this home is MLS# 2016361.