<ARTICLE> 5 <CIK> 0000804127 <NAME> AEI REAL ESTATE FUND XVI LTD PARTNERSHIP <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> JUN-30-1995 <CASH> 794,533 <SECURITIES> 0 <RECEIVABLES> 45,792 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 840,325 <PP&E> 11,684,523 <DEPRECIATION> (2,382,255) <TOTAL-ASSETS> 10,142,593 <CURRENT-LIABILITIES> 381,199 <BONDS> 0 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 9,393,606 <TOTAL-LIABILITY-AND-EQUITY> 10,142,593 <SALES> 0 <TOTAL-REVENUES> 574,833 <CGS> 310,803 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 8,743 <INCOME-PRETAX> 255,287 <INCOME-TAX> 0 <INCOME-CONTINUING> 255,287 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 255,287 <EPS-PRIMARY> 17.77 <EPS-DILUTED> 17.77