Avalon Theatre is a movie theater located in the Belmont neighborhood in southeast Portland, Oregon. Known for showing second-run films on two screens and for low prices, the theater has an Art Deco design but Avalon's main feature is its classic nickel arcade. The establishment is operated by McKee Enterprises. John McKee purchased the Avalon in 1964. The theater is believed to be "Oregon's oldest theater and the first with more than one screen". In 2008, Portland Monthly named the Avalon the "Best Way to Stretch a Dollar" on their "Best of the City" list.