$457,151Average Value$270Average Price per Sq Ft0Homes For Sale
What draws buyers to Olneyville
Just 2 miles west of Downtown Providence, Olneyville is a tucked-away neighborhood known for its industrial past. The Woonasquatucket River winds along the community’s south side, which was once lined with textile mills and warehouses. Today, these historic industry buildings have been repurposed into art studios and apartments, and locals enjoy walkable streets with easy access to the businesses along Atwells Avenue and the greater Providence area. Public art and murals bring character to the streets, while riverside parks and nearby green spaces add recreation close to home.
A mix of historic lofts, single-family homes and investment properties
Most homes in Olneyville were built between the late 1800s and the 1940s, with a few newer, 21st-century builds throughout. Bungalows, American Foursquares and Colonial Revival architecture is common, with single-family homes featuring fenced-in back yards and off-street parking behind the property. Stand-alone homes range from the high $200,000s to the high $400,000s, while multi-family investment properties with two to three units start in the upper $300,000s and reach the high $700,000s. You can also find loft-style condos in complexes like Lofts at Eagle Square, with units ranging from the low $300,000s to around $350,000.
Local restaurants and nearby shopping
Atwells Avenue is lined with long-standing shops and eateries. Olneyville has a dining scene rooted in Latin American flavors and local traditions. You can sit down for a meal at popular spots like:
Mi Guatemala Restaurant, a neighborhood fixture since 1994 serving pupusas, hearty soups and grilled platters
La Lupita Tacos Mexicanos, a casual counter serving tacos, burritos and other Mexican staples
Troop, an 80s- and 90s-themed restaurant and bar with a street-food-inspired menu and creative cocktails
Riffraff is another local favorite, selling new and used books alongside a full bar and coffee shop. For groceries, the neighborhood has a Price Rite Marketplace. Federal Hill lies just north of the community and is known for its wide array of Italian-owned businesses.
Live music and community events in Olneyville
The neighborhood’s active atmosphere is also demonstrated in regular community events throughout the year. Notable festivities include:
Events at Fete Music Hall, a popular venue with a rotating lineup of touring bands, concerts and dance parties
Fiesta Del Rio, the seasonal kickoff of the Woonasquatucket River Watershed Council’s wellness series at Riverside Park
The Olneyville Expo, a theatrical event every July at Donigian Park hosted by the Wilbury Theatre Group
Riverside parks and a greenway along the Woonasquatucket
The Woonasquatucket River and the green spaces along its banks provide outdoor access throughout Olneyville. Donigian Park, on the east side along Valley Street, has basketball and baseball courts plus river access for kayakers heading downstream. Further upriver, Riverside Park was once a collection of abandoned industrial buildings and now offers open space, a playground and a community garden. Both parks connect to the Woonasquatucket River Greenway, a biking and walking path. The off-road portion begins at Riverside Park and follows the river into the neighboring community of Johnston.
Strong public and private school options in Olneyville
Olneyville is part of the Providence Public School District, which uses a choice-based lottery system for enrollment. William D'Abate Elementary is located in the neighborhood, while the nearby Classical High School is a selective public magnet school requiring an entrance exam, with an A-plus rating from Niche and a wide array of Advanced Placement courses. Private options include the highly rated Moses Brown School and La Salle Academy. Brown University lies around 3 miles east of the neighborhood, with around 11,000 undergraduate and graduate students.
Walkable streets with easy highway and transit access
The area’s walkable streets can take you to the bus stops along Atwells and Manton avenues, with local routes operated by the Rhode Island Public Transit Authority. Downtown is just 2 miles east, where Boston commuters can catch the Acela train from Providence Station for a 30-minute trip into the city. The Huntington Expressway connects drivers to nearby Interstate 95, while Rhode Island T.F. Green International Airport is about 10 miles south.
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
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.
Are you familiar with the Olneyville neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Olneyville
US
Homicide
5
4
Sexual Assault
6
4
Assault with Weapon
6
4
Robbery
5
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
5
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Olneyville Demographics and Home Trends
On average, homes in Olneyville, Providence sell after 31 days on the market compared to the national average of 58 days. The median sale price for homes in Olneyville, Providence over the last 12 months is $320,000, down 3% from the median home sale price over the previous 12 months.
2-unit duplex home in the heart of Providence! Each unit features 3 bedrooms and a full bath, perfect for families or investors seeking rental opportunities. Enjoy the privacy of a fenced-in backyard, complete with a deck for outdoor entertainment. Conveniently located near main highway, bus routes, shopping, and dining options. This home is FHA APPROVED, making it a perfect opportunity for first
Unlock the potential at 48 Covell St! This unique property comes with an approved variance to build three residential units above an existing four-car garage - offering a head start on a high-deman housing project. Final permitting is underway, making this an outstanding opportunity for developers ready to bring their vision to life.
Calling investors or homeowner occupied for this 4 family house, totally rented producing over $80,000 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.
Great opportunity for investors or owner-occupants in Providence! This well-maintained 3-family property features spacious units with large windows that fill each space with natural light. Each unit offers comfortable layouts with strong rental potential, making it ideal for income generation or multi-generational living. Exterior highlights include a detached garage and additional off-street
Well-maintained 2-family property offering strong owner-occupant or investment potential. This versatile property includes a separate 1,050 sq ft lot located directly across the street, currently utilized for off-street parking. Ideal for a first-time buyer looking to offset their mortgage or an investor seeking additional income. Conveniently located near local amenities, highways, and more.
Ask about forgivable and repayable down payment assistance with our preferred lender!!Minutes to downtown Providence train station, local universities and area hospitals. This two family with in law unit was remodeled down to the studs in 2023 with new everything. Electrical,insulation,plaster,windows,plumbing, and siding. It features over 3288 sq ft with 7 beds and 4 full bathrooms total.
Discover this newly renovated 2 family home conveniently located in Providence. Each unit features a double parlor, 2 well sized bedrooms, a comfortable bathroom with tub/show combo and a semi-open concept perfect for entertaining. The modern touches elevate and brighten the spaces while the hardwoods provide warmth and character. This property is not just a home; it's an opportunity waiting to
Prime investment opportunity in Providence's vibrant Olneyville neighborhood! 54 Joslin St is a turnkey two-family home with a finished basement featuring its own private walkout access, ideal for flexible living or ADU conversion. Step into the spacious backyard to host family gatherings - great for entertainment! Highlights include a high-efficiency condensing boiler, new vinyl siding, freshly
HIGH INCOME POTENTIAL 4-UNIT! Welcome to 52 Erastus Street, a beautifully updated 4-family property with high income earning potential offering the perfect blend of modern finishes, functionality, and strong multi-family appeal. Filled with an abundance of natural light throughout, this spacious home creates a warm and inviting atmosphere from the moment you enter. The property has been
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 one of our studio, one, or two-bedroom layouts and discover thoughtful interiors built around your lifestyle. Soaring ceilings, sleek appliances, and hardwood-style flooring give each space a smart and polished finish. We also offer W/D hookups, and every layout is cable-ready. Our pet-friendly policy means your whole crew is invited, while amenities like a 24-hour fitness center,
This spacious third floor apartment boasts a freshly updated eat-in-kitchen, updated bath, hardwood floors, fresh paint, lots of natural light, and full front and back egresses (no fire escape!), all of which will stay warm and dry under a new roof. Back patio is available for use and is shared by tenants. Laudromat next door, making laundry a breeze. Just minutes from the highway, but there are
Property Id: 2265586This house is newly renovated with a spacious living room and new kitchen appliances. There is full access to the house as well as parking. No pets allowed.
The advertised rate of $3,589/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 6, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be
Looking for a cozy and convenient place to call home? Look no further! Room Features:Spacious and bright roomFully furnished with a comfortable bed, Cable TV and closetHigh-speed Wi-Fi included Home Highlights:Shared access to a fully equipped kitchen and living areaClean and modern bathroomMonth to monthTHIS IS A SHARED APARTMENT
This property at 70 Bowdoin St features 3 bedrooms and 1 bathroom within a total of 1,100 square feet. The living room offers ample space for relaxation and entertainment, while the bathroom is equipped with standard fixtures. Each bedroom provides sufficient room for furniture and personal belongings. The property has coin up laundry in the basement. The exterior is straightforward, with a
Sun-filled 4-bedroom, 1-bath apartment for rent on the 2nd floor in Providence's Valley/Olneyville neighborhood. Offering roughly 1,200 square feet, this bright and spacious unit features high ceilings, hardwood floors, fresh paint, and great natural light throughout.The newly renovated kitchen includes quartz countertops, stainless steel appliances, and a dishwasher. The bathroom has
Built in 2022! This bright and spacious first floor apartment is available for rent! With nearly 1100 SQFT of living space, It features 3 good-sized bedrooms and 1 bath. Open kitchen with quartz counter tops and stainless steel appliances. Efficient force air gas heating system and central AC. Centrally located near shops and restaurants, walking distance to Donigian Park, great for walking and
Discover an excellent opportunity to establish your business in the heart of Providence's vibrant Atwells Avenue. This versatile commercial unit was previously used as a cafeteria and is fully move-in ready, offering a clean and functional layout suitable for a variety of business types. The space features an open floor plan that can be easily adapted to your needs, along with a convenient half
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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