5794 Portage & 3949 Hoepker Road, Burke
$745,000
MLS® # 2003952, 302 days, Active
1002-1004 Severson Drive, Madison
$949,900
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
This spacious, well-maintained duplex on Madisonâs 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. Donât miss this opportunity to own a fantastic income property in a prime location!
Realty Executives Cooper Spransy, Jason@WiscoHomeTeam.com.
Essential Information
Status Active
Detailed Status Active
Days on Market 92
MLS® # 2016361
Price $949,900
Year Built 2005
Type Multi Family
Assessed Value $731,800
Year Assesed 2025
Net Taxes $12,789
Tax Year 2024
Total Income $55,200
Parking Per Unit 2 stall garage, Attached, Opener inc
Exterior Vinyl, Brick, Stone
Community Information
Address 1002-1004 Severson Drive
MLS® Area MADISON - C E12
City Madison
County Dane
State WI
Zip Code 53718
School Information
Property Overview
3 Bedroom Units 2
Total Units 2
# of Water Heaters 2
# of Water Softeners 2
Heat Fuel Natural Gas
# of Stoves 2
# of Refrigerators 2
# of Dishwashers 2
Units with AC 2
# of Washers 2
# of Dryers 2
Unit 1 Details
# of Bedrooms 4
# of Full Baths 3
Lease Expires July, 2026
Monthly Rent $2,100
Square Feet 2,160
Parking 2 Car Garage
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Unit 2 Details
# of Bedrooms 4
# of Full Baths 3
Lease Expires July, 2026
Monthly Rent $2,500
Square Feet 2,160
Parking 2 Car Garage
Landlord Pays Elec No
Landlord Pays Heat No
Landlord Pays W/S No
Additional Information
Zoning R3
Short Sale No
REO / Bank Owned No
Property History
Price Reduced from $1,100,000 to $949,900
Map Views
Properties for Sale Similar to 1002-1004 Severson Drive, Madison, WI
DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data provided by the South Central Wisconsin MLS as of 05/13/2026.
Copyright 2026 – (South Central Wisconsin MLS) – All Rights Reserved