Beverly's place is a wonderful condo on the Willamette river, very easy access to downtown Portland by bike, transit, or just walking.
The trail along the river is just down a flight of stone steps out the back door, and is great for running, walking, or biking. When I arrived the place was fully stocked and ready to live in, plenty of condiments, spices, etc. for cooking.
There is a freight train route on the other side of the river, which crosses over about 1/4 mile south of the condo, with trains going through a few times a day. Not overly loud, but definitely audible.
All in all, it's a great place to stay and experience downtown Portland. Highly recommend.