$399,000

224 Olney St Unit 1 Providence, RI 02906

$4,738
Closing credit¹
2 beds
1 full
1,080 sqft
0.1 acres
$369 / sqft
Condo

Property details

About 224 Olney St Unit 1

Fantastic opportunity to own a beautifully updated 2-bedroom condo on the highly sought-after East Side of Providence. Enjoy the convenience of a private direct entrance into a sun-filled, open-concept layout featuring gleaming hardwood floors and expansive living areas framed by tall tray ceilings and recessed lighting. The flexible floor plan offers endless possibilities for home office setups, a formal dining area, or multiple lounging spaces perfect for modern living. The kitchen is ideal for entertaining, seamlessly integrated with the main living space and equipped with granite countertops, stainless steel appliances, and a pantry with built-in cabinetry for additional storage. Both bedrooms are generously sized, and the stylishly renovated bathroom features a deep soaking tub with tile surround for a spa-like feel. Additional highlights include in-unit laundry, dedicated basement storage, and two off-street parking spaces. With a prime Walk Score and an unbeatable location near Brown University, RISD, local shops and eateries on Hope and Thayer Streets, plus easy access to local hospitals, the train station, and major highways this home truly offers the best of Providence living. *Some photos have been virtually staged.

Highlights

Home typeCondominium
HeatingBaseboard, Natural Gas, Hot Water
StatusActive
Size1,080 sqft
BasementYes
Lot size0.1152 Acres
Year built1920
ParkingNo Garage, Unassigned
MLS #1387788

Virtual tour

Summary

  • Full Bathrooms: 1
  • Appliances: Gas Water Heater, Water Heater
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Tub Shower
  • Fireplace: None
  • Total Bedroom Count: 2
  • Parking: No Garage, Unassigned
  • Exterior: Paved Driveway
  • Heating: Baseboard, Natural Gas, Hot Water
  • Cooling: None
  • List Price: $399,000
  • Price/SqFt: $369
  • HOA Amount: $300 Monthly
  • Annual Tax Amount: $5,426
  • Tax Year: 2024
  • Year Built: 1920
  • Stories: 1
  • Living Area: 1,080 SqFt
  • Lot Size: 0.1152 Acres
  • MLS Number: 1387788
  • MLS Name: RIS
  • Office Name: Redfin Corporation
  • Office Phone: (877) 973-3346

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/22/2025, 3:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

224 Olney St Unit 1, Providence, RI 02906 - view of front of home featuring a garage

$399,000

224 Olney St Unit 1

$4,738

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 25, 2020
Home Sold
$252,000
Jul 30, 2014
Home Sold
$165,000
Jul 28, 2006
Home Sold
$272,000

Tax history

YearAssessmentProperty Tax
2024$295,700$5,426
2023$295,700$5,426
2022$295,700$5,263
2021$195,700$4,806
2020$195,700$4,806
2019$195,700$4,806

History based on county public records data.

Nearby schools

3

Martin Luther King Elementary School

Public District PK-5

0.1 mi

35 Camp St

6

Times2 Elementary School

Public Charter KG-6

1.1 mi

50 Fillmore St

5

Vartan Gregorian Elementary School

Public District KG-5

1.2 mi

455 Wickenden St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $52,241. The majority of Providence, RI residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

29%
<35k
57%
35k-100k
14%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

69%
Single, No Kids
8%
Single, with Kids
15%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
5%
12-17 yrs old
48%
18-34 yrs old
30%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • TennisTennis
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • Crate & BarrelCrate & Barrel
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • BMWBMW
  • ToyotaToyota

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 224 Olney St Unit 1

The listing price of 224 Olney St Unit 1 property is $399,000.

The property 224 Olney St Unit 1 is a condo located in Providence, Rhode Island, 02906.

Active Listing: 224 Olney St Unit 1 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 224 Olney St Unit 1 are: Martin Luther King Elementary School (GreatSchools Rating 3/10), Times2 Elementary School (GreatSchools Rating 6/10), Vartan Gregorian Elementary School (GreatSchools Rating 5/10), Nathan Bishop Middle School (GreatSchools Rating 3/10), Esek Hopkins Middle School (GreatSchools Rating 2/10), Urban Collaborative Program (GreatSchools Rating 2/10), Hope High School (GreatSchools Rating 2/10), Village Green Virtual (GreatSchools Rating 6/10), Times2 Middle/High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $5,426 (source: MLS/based on county public records data).

The last sale was on August 25, 2020 for $252,000 (source: MLS/tax record).

The property at 224 Olney St Unit 1 has 2 bedrooms and 1 bathroom.

The property 224 Olney St Unit 1 is 1,080 SqFt (source: MLS/tax record).

The year of construction for 224 Olney St Unit 1 is 1920.

This home is located at 224 Olney St Unit 1 in Providence, RI and zip code 02906 in the Mount Hope neighborhood. This 1,080 square foot home, which was built in 1920, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $399,000.

Over 58 listings were sold over their listed price in May 2025 in Providence, RI. In the same period over 28 listings were sold below the listed price and 18 listings were sold for the listed price. In May 2025 in Providence, RI there were 13.4% more homes for sale than in April. In May 2025 median list price was $510,325 and the average listing age was 23 days.

From Rocket Homes Real Estate and based on county public records data.

More resources