$459,770Average 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 23 days on the market compared to the national average of 56 days. The median sale price for homes in Olneyville, Providence over the last 12 months is $324,900, down 5% 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
Excellent investment opportunity! This three-family property is ready to generate income.The first floor is divided into two one-bedroom, one-bath units, including one currently used as an Airbnb. The fully renovated second floor offers three bedrooms and one and a half bathrooms. The third floor needs cosmetic updates, creating additional value-add potential. The basement is subdivided into
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.
Well-maintained 2-family property offering strong owner-occupant or investment potential. This versatile property includes a separate buildable 1,050 sq ft lot located directly across the street, currently utilized for off-street parking, buyer to do due diligence. Ideal for a first-time buyer looking to offset their mortgage or an investor seeking additional income. Conveniently located near
3-family home conveniently located near shopping, restaurants and public transportation. Each spacious unit offers 3 bedrooms and 1 full bathroom, providing comfortable living spaces with excellent rental potential. Whether you're an owner-occupant looking to offset your mortgage with rental income or an investor seeking a strong addition to your portfolio, this property is an outstanding
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
Second floor - 134 Florence Street, Providence, RI 02909 Welcome home to this beautifully designed second-floor apartment offering 3 bedrooms, 2 full bathrooms, and a bright open floor plan filled with natural light. Every detail has been thoughtfully selected to provide a modern and comfortable living experience. The kitchen showcases quartz countertops, white shaker cabinetry, stainless steel
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,
Third floor - 134 Florence Street, Providence, RI 02909 Enjoy the privacy and abundant natural light of this stunning third-floor apartment featuring 3 bedrooms, 2 full bathrooms, and premium finishes throughout. The spacious open-concept design creates an inviting atmosphere that's perfect for both relaxing and entertaining. The gourmet kitchen includes quartz countertops, white shaker cabinets,
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
First Floor - 134 Florence Street, Providence, RI 02909 Be the very first to live in this beautifully built first-floor apartment featuring 3 bedrooms, 2 full bathrooms, and a spacious open-concept layout. Designed with comfort and style in mind, this home offers modern finishes throughout, including luxury vinyl plank flooring, oversized windows, and abundant natural light. The contemporary
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,
Lovely 2-bedroom near the heart of the city of Providence RI. One full bathroom apartment, and a large storage area off the kitchen. One of the bedrooms can also be used as a living room space. Credit and background checks are required. Schedule your showing today.
Property Id: 2265586 This 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.
This 1st floor unit has 1,000 sqft of living space, new flooring and fixtures, and completely rehabbed throughout• Three large beds with new laminate, warm vinyl windows and good closet space• Large eat-in kitchen with ceramic tile, and newer appliances including electric cooking• Separate kitchen nook area with new cabinets/counter-tops and double sink• Bright and sunny family
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
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