$444,080Average Value$292Average Price per Sq Ft6Homes For Sale
From farmland to a diverse and lively neighborhood
Olneyville is a neighborhood located 2 miles west of Providence, Rhode Island. In the late 18th century, the area was nothing more than farmland owned by Christopher Olney. However, once Olney founded Christopher Olney & Company, workers flocked to the area, establishing the neighborhood as a booming site for the textile industry. Today, the mills and warehouses from that time still stand, but with a modern twist: they now exist as apartment buildings, office spaces or art studios for the community to use. Aside from its rich history, the neighborhood is also known for its vibrant art, food and culture. "There's an undercurrent of art and culture everywhere you turn in this neighborhood," says Brian Greene, a Realtor and former resident of Olneyville. "you're going to see lots of public art, graffiti, great restaurants and events everyone joins in on." The community has always been an essential part of the neighborhood. During the early 2000s, nonprofits worked earnestly to set up affordable housing, provide schooling and nurture the underground art scene. Collectives like the Olneyville Neighborhood Association still continue these efforts to this day.
Olneyville New York System: a comfort food mainstay
When people think of Olneyville, they often think of the Olneyville New York System, an iconic restaurant that counts restaurateur and TV star Guy Fieri as a regular. Here, locals dig into the restaurant's signature hot dogs, fries and coffee milk, a favorite regional beverage. "That place has been around forever; I've been going there my whole life," Greene says. "It's literally some sweaty old guy serving you a wiener on their arm, but it's delicious, and there's nothing like it." The Realtor also says there's an abundance of Mexican cuisine. Locals love the tacos and burritos at La Lupita Tacos Mexicanos and the sopa de res from Mi Ranchito Restaurant. Other highlights include playing pool at Nolan's Corner Pub or browsing through the book stacks at Riffraff Bookstore + Bar. For groceries, residents can head to local convenience stores, such as Casca Mexico, or go to a supermarket outside the neighborhood, like Aldi.
Golfing during the day, dancing at night
Buttonwood Golf Course is an 18-hole, family-owned layout that offers packages for birthdays or corporate events. "I take lessons there," Greene says. "It's right down the street from the neighborhood, too, so very close by." There's also the Dye House for the art community, with its loft space for hosting pop-up events from local businesses. It also includes an artist maker space. For evening entertainment, Fete Music Hall is a popular stop for bands touring the East Coast. The Hall also puts on dance parties inspired by different musical artists.
Former mills turned into condos and apartments
Residents here are split between renters and homeowners, with the majority renting. "A lot of these buildings that used to be mills have been converted into multi-family units, apartments and condos," Greene explains. Buildings sit closely together and embody what Olneyville has become today: a mix of the past and present. "I actually used to live in one of the older historic buildings. It was so nice. They kept the floors and brick so you could see the original design, but upgraded everything else," Greene says. Prices start at $200,000 and go up to $620,000.
William D'Abate Elementary school focuses on community
William D'Abate Elementary's longstanding principal has worked hard to engage parents and keep teacher turnover to a minimum. Niche gives the school a C-minus overall. Students can continue at Paul Cuffee Middle School and Paul Cuffee High School, which earn C and B-minus grades, respectively.
Walking or boating at Donigain Park
Even though Olneyville is very much an urban location, there are still opportunities to connect with the outdoors. Donigain Park sits on the neighborhood's east side and is right next to the Woonasquatucket River. Experienced kayakers enter the river through the park to paddle downstream. There's also the "Woony" River Greenway Bike Path that leads all the way to Providence. Aside from the bike path and water activities, Donigain Park offers a playground, sports fields and walking trails. Residents frequently come here to spend time with their families or walk their dogs.
Ten miles from the airport
Olneyville is right by downtown Providence, a 2-mile drive away via Harris Avenue. The neighborhood is also bordered by State Route 6. Frequent flyers will be happy to know that TF Green International Airport is about 10 miles away. Public transportation options include ride-share apps, city bikes, electric scooters and bus lines.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Eduardo Marines,
an experienced agent in this neighborhood.
Parks in this Area
Riverside Park
Playground
Nature Center
Multi-Purpose Field
Donigian Park
Soccer
Playground
Multi-Purpose Field
Franciscan Park
Dog Park
Trails
Ridge Street Playground
Basketball
Playground
Joslin Park & Playground
Basketball
Soccer
Playground
Federal Hill’s Bocce Ball Court and Park
Parking Lot
Transit
Airport
Rhode Island Tf Green International
19 min drive
Bus
Manton Opposite Delaine
Bus
Manton Opposite Pope
Bus
Westminster Before Service Road
Bus
Olneyville Square (Westminster After Manton)
Bus
Olneyville Square (Westminster Before Manton)
Bus
Manton & Atwells (Opposite Salmon)
Bus
Atwells Before Cutler
Reviews
Niche Reviews
3.02 Reviews
4.0Niche User
5/19/2016Niche Review
Your level of safety depends where you are. However, I don't consider anywhere in Providence particularly unsafe or more dangerous than any other place in Rhode Island or even America.
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Olneyville Demographics and Home Trends
On average, homes in Olneyville, Providence sell after 97 days on the market compared to the national average of 70 days. The median sale price for homes in Olneyville, Providence over the last 12 months is $475,000, up 98% from the median home sale price over the previous 12 months.
Spacious 3-Family Investment Opportunity. Welcome to a large multi-family property offering a fantastic investment or owner-occupant opportunity. This apartment-style multi family offers 3 apartments Unit 1 boasts 5 bedrooms and 2 bathrooms. Units 2 & 3 each offer 2 bedrooms and 1 bathroom, perfect for tenants seeking comfortable, low-maintenance living. Laminate flooring throughout. Ample
Incredible investment opportunity in Providence with this well-maintained 4-family home offering a versatile mix of units. The property features one spacious 4-bedroom unit, one 3-bedroom unit, one 2-bedroom unit, and one 1-bedroom unit, providing a great assortment of layouts to suit different tenant needs. One unit is currently vacant, allowing flexibility for an owner-occupant or new tenant
Calling investors or homeowner occupied for this 4 family house, totally rented, producing almost $70,000 a year from rental income. Do not let this opportunity to pass by, if you are looking for a multifamily house to live in, or for investment. This property consist of two buildings, one with three units and the other building with a single family house on the same lot.
Strive lofts is a collection of 56 thoughtfully designed residences for rent on the border of Providence's Olneyville and Federal Hill neighborhoods. This historic mill conversion carefully melds period appropriate elements with the functionality and comfort of modern living.Experience elevated living in a historic mill. A generously proportioned entryway leads to a well equipped modern kitchen,
Once on Providence’s most endangered list, Paragon Mill is undergoing a major rehabilitation to return this historic icon as an apartment community catering to a variety of income levels. Minutes from downtown Providence and located on the banks of the Woonasquatucket River in Olneyville, Paragon Mill couples urban amenities in an idyllic setting that offers a close-to-everything
Live inside oneof our studio, one, or two-bedroom layouts anddiscover thoughtful interiors built around your lifestyle. Soaring ceilings,sleek appliances, and hardwood-style flooring give each space a smart andpolished finish. We also offer W/D hookups, and every layout is cable-ready. Our pet-friendly policy means your wholecrew is invited, while amenities like a 24-hour
Interested in learning more about homes in this area?
Reach out to
Eduardo Marines,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
9,339
Median Age
33
Population Density
23 ppl/acre
Population under 18
29.3%
Above the national average
23.8%
Population over 65
9.4%
Below the national average
19.1%
Finances
Median Household Income
$44,577
Significantly below the national average
$71,702
Average Household Income
$54,024
Education and Workforce
High School Graduates
93.8%
College Graduates
19%
Below the national average
34.1%
Advanced Degrees
6%
Below the national average
13.3%
% Population in Labor Force
66.9%
Weather
Annual Precipitation
47''
Average Winter Low Temperature
22°F
Average Summer High Temperature
83°F
Annual Snowfall
44''
Area Factors
Very Bikeable
Bike Score®
88/ 100
Very Walkable
Walk Score®
85/ 100
Some Transit
Transit Score®
46/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
