<ARTICLE> 5 <CIK> 0000804127 <NAME> AEI REAL ESTATE FUND XVI LTD PARTNERSHIP <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 1,492,815 <SECURITIES> 0 <RECEIVABLES> 44,714 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,537,529 <PP&E> 10,758,970 <DEPRECIATION> (2,104,336) <TOTAL-ASSETS> 10,192,163 <CURRENT-LIABILITIES> 314,712 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 9,644,364 <TOTAL-LIABILITY-AND-EQUITY> 10,192,163 <SALES> 0 <TOTAL-REVENUES> 554,217 <CGS> 0 <TOTAL-COSTS> 332,998 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 505,909 <INCOME-TAX> 0 <INCOME-CONTINUING> 505,909 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 505,909 <EPS-PRIMARY> 35.50 <EPS-DILUTED> 35.50