Zumper
modified
12 Hours Ago

Highlights

  • Pet Friendly
  • Stainless steel appliances
  • Modern finishes
  • Granite countertops
  • Waterfront views
  • Under-cabinet lighting
  • Virtual tour

Location

640 W Freshwater Way, Milwaukee, WI 53204, USA|Walker's Point
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Management

River Place Lofts

Leasing office

(920) 495-7723

Property Overview

Docks Building is a highly rated community (8.1/10 overall) with exceptional amenities (10/10), strong location convenience (9/10), and a solid balance of quality, value, and trustworthiness. Modern interiors with stainless steel appliances, granite countertops, under-cabinet lighting, and waterfront views, plus a virtual tour, create an appealing living experience. With strong value per square foot, walkable access to hundreds of nearby restaurants, mixed-use spaces, parks, and public transit, it is well suited for an active social life and environmentally conscious living.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Docks Building is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Docks Building has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • More space

Great for

  • Social life
  • Eco living

Floor plans

3A2 bed2 bath1,380 sqft$3,350 /mo1 unit availableNorth-facing 2BD / 2BA historic loft blending warmth and style, featuring exposed Cream City brick, heavy timber construction, and wood plank ceilings, offering stunning views of the Menomonee River. The expansive living room is perfect for entertaining, while the kitchen includes granite countertops, a farmhouse sink, espresso brown cabinetry, a kitchen island, under-cabinet lighting, and stainless steel appliances. The primary suite features a generous walk-through closet and an en suite bathroom with dual sinks. The second bedroom can serve as a guest room, office, or additional living space. Additional conveniences include an in-unit washer and dryer with built-in cabinetry. Residents enjoy all amenities at RPL including full-time security, a fully gated property, a 3,000 sqft rooftop patio, a heated paddle tennis court, a pontoon boat and more! Schedule a Tour Here: https www riverplacelofts com tour

Let's explore this property.

Amenities for Docks Building

Appliances

DishwasherIn-Unit Laundry
Stainless Steel Appliances

Building

Cats OKDogs OK

Grounds

River Views

Services

Water, Sewer & Trash
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units39
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About Docks Building

HomeApartments in MilwaukeeWalker's Point Docks Building

Located on the waterfront, the Docks Building offers views of downtown and the Menomonee River. The historic building features Cream City brick walls, exposed heavy timber construction, and wood plank ceilings. Each kitchen is equipped with granite countertops and modern finishes. Amenities within the building include a weight-room, wine cellar, cigar lounge, and a glass-walled lobby with a grand piano! Choose from our spacious studios, one-bedroom or two-bedroom units!


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Docks Building is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Docks Building has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Docks Building
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Docks Building stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Docks Building is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Docks Building is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·7A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While it may not have as many distinctive features as similar properties in the surrounding area, renters can trust Docks Building to provide reasonable accomodations and accurate details about its community.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Docks Building is great for:

Social life

  • 364 restaurants within 1 mile of this property
  • Areas nearby are accessible by walking
  • A bustling neighborhood
  • 433 mixed-use spaces nearby

Eco living

  • Public transit available nearby
  • You can get around by foot in this area
  • 61 parks within a mile
  • On-site recycling or composting options

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Docks Building compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
More space
The 2-bedroom is 184 sqft larger than other listings nearby

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 0.4 mile away

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Rent trends in Walker's Point

2-bedroom apartments at Docks Building cost about 44% more than the average rent price for 2-bedroom apartments in Walker's Point.

Median rents as of May 23 2026.
Walker's Point
Milwaukee
A table of studio rental data trends in Milwaukee
MonthMedian Rent
June 2024$848
July 2024$818
August 2024$825
September 2024$834
October 2024$890
November 2024$1,110
December 2024$1,072
January 2025$911
February 2025$855
March 2025$846
April 2025$846
May 2025$887
June 2025$864
July 2025$874
August 2025$895
September 2025$898
October 2025$912
November 2025$942
December 2025$961
January 2026$902
February 2026$909
March 2026$885
April 2026$895
May 2026$907
A table of studio rental data trends in Walker's Point
MonthMedian Rent
June 2024$1,125
July 2024$1,125
August 2024$1,250
September 2024$1,238
October 2024$1,250
November 2024$1,250
December 2024$1,250
January 2025$1,244
February 2025$1,203
March 2025$1,200
April 2025$812
May 2025$1,295
June 2025$1,303
July 2025$1,312
August 2025$1,334
September 2025$1,393
October 2025$1,461
November 2025$1,364
December 2025$1,335
January 2026$1,341
February 2026$1,375
March 2026$1,397
April 2026$1,428
May 2026$1,396

Affordability calculator

Can I afford to live at 640 W Freshwater Way?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$134,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $134,000 annually to afford this 2-bedrooms monthly rent price of $3,350.
For more information on rent affordability, visit our rent calculator.

Schools near Docks Building

Vieau Elementary School

823 s 4th st

milwaukee, WI, 53204

PK, K-8Public
C-

Milwaukee Academy of Chinese Language

2430 w wisconsin ave

milwaukee, WI, 53233

PK, K-8Public
C-

Acelero Learning - Penfield Children's Center

833 north 26th st

milwaukee, WI, 53233

PKPublic

Grant Gordon Learning Center

921 w meinecke ave

milwaukee, WI, 53206

PK, KPublic
B-

Acelero Learning - JO's Learning Academy

4801 west north ave

milwaukee, WI, 53208

PKPublic
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Internet available near Docks Building

Getting around Milwaukee near 640 W Freshwater Way

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

7/10
Popular public transit options are just a short walk from this location.

Points of interest for 640 W Freshwater Way, Milwaukee

Groceries

6/10
At least one grocery store within a 15-minute walk

Shopping

6/10
Variety of shops within walking distance

Cafes

5/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

7/10
Variety of bars within walking distance

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