<ARTICLE> 5 <CIK> 0000804127 <NAME> AEI REAL ESTATE FUND XVI LIMITED PARTNERHSIP <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> SEP-30-1999 <CASH> 358,526 <SECURITIES> 0 <RECEIVABLES> 19,197 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 377,723 <PP&E> 8,876,730 <DEPRECIATION> (2,083,628) <TOTAL-ASSETS> 7,170,825 <CURRENT-LIABILITIES> 187,479 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 6,898,132 <TOTAL-LIABILITY-AND-EQUITY> 7,170,825 <SALES> 0 <TOTAL-REVENUES> 849,652 <CGS> 0 <TOTAL-COSTS> 305,141 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 728,286 <INCOME-TAX> 0 <INCOME-CONTINUING> 728,286 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 728,286 <EPS-BASIC> 52.99 <EPS-DILUTED> 52.99