<ARTICLE> 5 <CIK> 0000804127 <NAME> AEI REAL ESTATE FUND XVI LIMITED PARTNERSHIP <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> JUN-30-1999 <CASH> 1,097,872 <SECURITIES> 0 <RECEIVABLES> 19,197 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,117,069 <PP&E> 8,701,983 <DEPRECIATION> (2,039,130) <TOTAL-ASSETS> 7,954,669 <CURRENT-LIABILITIES> 967,866 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 6,898,616 <TOTAL-LIABILITY-AND-EQUITY> 7,954,669 <SALES> 0 <TOTAL-REVENUES> 611,421 <CGS> 0 <TOTAL-COSTS> 211,466 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 583,730 <INCOME-TAX> 0 <INCOME-CONTINUING> 583,730 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 583,730 <EPS-BASIC> 42.47 <EPS-DILUTED> 42.47