Zumper
modified
Updated 16 Hours Ago

Highlights

  • Pet Friendly
  • Stainless steel appliances
  • Modern finishes
  • Gated property
  • Granite countertops
  • In-unit washer and dryer
  • Waterfront views

Location

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

Management

River Place Lofts

Leasing office

(920) 495-7723

Property Overview

Docks Building offers a strong mix of value, amenities, and convenience, with a 7.9 expert rating, competitive pricing, and standout features like stainless steel appliances, granite countertops, in-unit laundry, modern finishes, gated access, and waterfront views. It is especially appealing for social life, walkability, transit access, sustainability, pet friendliness, and fitness, with many nearby restaurants, parks, gyms, and pet services.

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

7.9
Very Good
Docks Building is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

  • More space
  • Dishwasher
  • Images Available

Great for

  • Social life
  • Wellness
  • Pet owners

Floor plans

6A1 bed1 bath1,050 sqft$2,325 /mo1 unit availableNorth-facing 1BD / 1BA historic loft offering the perfect riverside living experience, featuring exposed Cream City brick, heavy timber beams, and wood plank ceilings. The kitchen includes granite countertops, espresso-toned cabinetry, a farmhouse sink, a kitchen island, under-cabinet lighting, and stainless steel appliances. The spacious bedroom features a large walk-in closet. A versatile nook adds flexibility, ideal as a home office or bar. The in-unit washer and dryer is located in a dedicated closet with built-in cabinetry for extra storage. Residents enjoy unparalleled amenities at River Place Lofts, including full-time security, a fully gated property, a 3,000-square-foot rooftop patio, a heated paddle tennis court, a pontoon boat, and more! Tour Virtually Here: https kuula co share collection 7Zw4k?logo=1&card=1&info=0&logosize=131&fs=1&vr=1&sd=1&initload=0&thumbs=1 Schedule a Tour Here: https www riverplacelofts com tour
River 61 bed1 bath1,050 sqft$3,200 /mo1 unit availableNorth-facing 1BD / 1BA historic loft located right on the Menomonee River, offering the convenience of private boat docking and a private patio for relaxing outdoors. Full of character, the loft features exposed Cream City brick, heavy timber construction, and wood plank ceilings from the original 1892 building, with durable polished concrete floors throughout. The open-concept layout is ideal for entertaining inside or out. The kitchen includes granite countertops, espresso brown cabinetry, a kitchen island, under-cabinet lighting, a farmhouse sink, and stainless steel appliances. The bedroom overlooks the river, features a large walk-in closet, and is conveniently located near the bathroom. Residents enjoy unparalleled amenities at River Place Lofts including full-time security, fully gated property, 3,000 sqft rooftop patio, heated paddle tennis court, pontoon boat and more! Schedule a Tour Here: https www riverplacelofts com tour
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

Other

Large Private Patio
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.
7.9
/10
Very Good
Docks Building is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
How we rated Docks Building
Price·7A 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.
While the monthly rent is more than the median price per bedroom of nearby properties, Docks Building has other amenities and features that might compensate for the increased price. The higher monthly rent potentially reflects a higher quality of living that renters might find here, compared to other properties in the area.
Amenities·9A 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.
Docks Building goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Docks Building receives one of the highest amenities scores.
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

  • 388 restaurants within 1 mile of this property
  • Areas nearby are accessible by walking
  • 470 mixed-use spaces nearby
  • 208 museums, art galleries, or cultural centers within 1 mile

Wellness

  • HVAC systems available onsite
  • 66 gyms or yoga centers nearby
  • There are 32 grocery stores within 1 mile
  • On-site fitness or wellness programs

Pet owners

  • Outdoor spaces are available at this property
  • 3 dog parks within 1 mile
  • 3 pet hospitals in the area
  • 5 pet supply stores near the property

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

More space
The 1-bedroom is 678 sqft larger than other listings nearby
More space
The 2-bedroom is 344 sqft larger than other listings nearby
Dishwasher
Dishwasher available in kitchen
Images Available
There are at least 10 photos of this address

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

1-bedroom apartments here are priced 78% higher than 1-bedrooms in Walker's Point.

If you decide to upgrade your space, you can expect 2-bedrooms at Docks Building to be 46% more than the average for similarly sized apartments in Walker's Point.

Median rents as of Jul 4 2026.
Walker's Point
Milwaukee
A table of studio rental data trends in Milwaukee
MonthMedian Rent
July 2024$825
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$912
June 2026$910
July 2026$875
A table of studio rental data trends in Walker's Point
MonthMedian Rent
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$1,389
June 2026$1,406
July 2026$1,425

Affordability calculator

Can I afford to live at 640 W Freshwater Way?

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

$110,500/yr

With your selected rent-to-income ratio, you'd ideally want to make $110,500 annually to afford this 1-bedroom median monthly rent price of $2,762.
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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