You will totally enjoy Cora's place as it is centrally located to downtown Portland. We happened to be attending a wedding there one weekend and found her location to be near most of the wedding venues so we could walk. There are many restaurants nearby and a Whole Foods to stock the refrigerator if you prefer to cook. There are also some places for drinks during the evening hours so you really don't have to go downtown.
Her place was very clean and comfortable in a quiet neighborhood. Parking does get tight there, but we only used the car once and walked everywhere else.