SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549

                           FORM 10-QSB

           Quarterly Report Under Section 13 or 15(d)
             of The Securities Exchange Act of 1934

             For the Quarter Ended:  March 31, 2000

                Commission file number:  0-17467


            AEI REAL ESTATE FUND XVII LIMITED PARTNERSHIP
(Exact Name of Small Business Issuer as Specified in its Charter)


      State of Minnesota                   41-1603719
(State or other Jurisdiction of         (I.R.S. Employer
Incorporation or Organization)        Identification No.)


  1300 Minnesota World Trade Center, St. Paul, Minnesota 55101
            (Address of Principal Executive Offices)

                          (651) 227-7333
                   (Issuer's telephone number)


                         Not Applicable
 (Former name, former address and former fiscal year, if changed
                       since last report)

Check  whether  the issuer (1) filed all reports required  to  be
filed  by Section 13 or 15(d) of the Securities Exchange  Act  of
1934  during the preceding 12 months (or for such shorter  period
that  the registrant was required to file such reports), and  (2)
has  been  subject to such filing requirements for  the  past  90
days.

                          Yes  [X]   No

         Transitional Small Business Disclosure Format:

                          Yes        No  [X]




          AEI REAL ESTATE FUND XVII LIMITED PARTNERSHIP


                              INDEX




PART I. Financial Information

 Item 1. Balance Sheet as of March 31, 2000 and December 31, 1999

         Statements for the Periods ended March 31, 2000 and 1999:

            Income

            Cash Flows

            Changes in Partners' Capital

         Notes to Financial Statements

 Item 2. Management's Discussion and Analysis

PART II. Other Information

 Item 1. Legal Proceedings

 Item 2. Changes in Securities

 Item 3. Defaults Upon Senior Securities

 Item 4. Submission of Matters to a Vote of Security Holders

 Item 5. Other Information

 Item 6. Exhibits and Reports on Form 8-K

<PAGE>
          AEI REAL ESTATE FUND XVII LIMITED PARTNERSHIP

                          BALANCE SHEET

              MARCH 31, 2000 AND DECEMBER 31, 1999

                           (Unaudited)

                             ASSETS

                                                      2000           1999

CURRENT ASSETS:
  Cash and Cash Equivalents                      $   905,739     $   785,486
  Receivables                                         10,632               0
                                                  -----------     -----------
      Total Current Assets                           916,371         785,486
                                                  -----------     -----------
INVESTMENTS IN REAL ESTATE:
  Land                                             4,482,806       4,482,806
  Buildings and Equipment                         10,389,784      10,389,784
  Accumulated Depreciation                        (3,092,843)     (3,004,630)
                                                  -----------     -----------
                                                  11,779,747      11,867,960
  Real Estate Held for Sale                          753,296         753,296
                                                  -----------     -----------
      Net Investments in Real Estate              12,533,043      12,621,256
                                                  -----------     -----------
           Total  Assets                         $13,449,414     $13,406,742
                                                  ===========     ===========


                       LIABILITIES AND PARTNERS' CAPITAL

CURRENT LIABILITIES:
  Payable to AEI Fund Management, Inc.           $    27,297     $    40,494
  Distributions Payable                              289,544         268,512
  Unearned Rent                                       76,181               0
                                                  -----------     -----------
      Total Current Liabilities                      393,022         309,006
                                                  -----------     -----------
PARTNERS' CAPITAL (DEFICIT):
  General Partners                                   (70,848)        (70,434)
  Limited Partners, $1,000 Unit value;
   30,000 Units authorized; 23,389 Units issued;
   21,658 outstanding                             13,127,240      13,168,170
                                                  -----------     -----------
      Total Partners' Capital                     13,056,392      13,097,736
                                                  -----------     -----------
        Total Liabilities and Partners' Capital  $13,449,414     $13,406,742
                                                  ===========     ===========

 The accompanying Notes to Financial Statements are an integral
                     part of this statement.
</PAGE>
<PAGE>

          AEI REAL ESTATE FUND XVII LIMITED PARTNERSHIP

                       STATEMENT OF INCOME

                 FOR THE PERIODS ENDED MARCH 31

                           (Unaudited)


                                                  2000           1999

INCOME:
   Rent                                       $   452,688    $   446,279
   Investment Income                               10,246          4,074
                                               -----------    -----------
        Total Income                              462,934        450,353
                                               -----------    -----------

EXPENSES:
   Partnership Administration - Affiliates         69,313         66,566
   Partnership Administration and Property
      Management - Unrelated Parties               33,804         15,908
   Depreciation                                    88,213        101,840
                                               -----------    -----------
        Total Expenses                            191,330        184,314
                                               -----------    -----------

NET INCOME                                    $   271,604    $   266,039
                                               ===========    ===========

NET INCOME ALLOCATED:
   General Partners                           $     2,716    $     2,660
   Limited Partners                               268,888        263,379
                                               -----------    -----------
                                              $   271,604    $   266,039
                                               ===========    ===========

NET INCOME PER LIMITED PARTNERSHIP UNIT
 (21,658 and 21,948 weighted average Units
 outstanding in 2000 and 1999)                $     12.42    $     12.00
                                               ===========    ===========

 The accompanying Notes to Financial Statements are an integral
                     part of this statement.
</PAGE>
<PAGE>
          AEI REAL ESTATE FUND XVII LIMITED PARTNERSHIP

                     STATEMENT OF CASH FLOWS

                 FOR THE PERIODS ENDED MARCH 31

                           (Unaudited)


                                                       2000          1999

CASH FLOWS FROM OPERATING ACTIVITIES:
   Net  Income                                     $   271,604   $   266,039

   Adjustments to Reconcile Net Income to Net Cash
   Provided by Operating Activities:
     Depreciation                                       88,213       101,840
     (Increase) Decrease in Receivables                (10,632)        8,989
     Decrease in Payable to
        AEI Fund Management, Inc.                      (13,197)      (10,840)
     Increase in Unearned Rent                          76,181        61,902
                                                    -----------   -----------
        Total Adjustments                              140,565       161,891
                                                    -----------   -----------
        Net Cash Provided By
        Operating Activities                           412,169       427,930
                                                    -----------   -----------

CASH FLOWS FROM INVESTING ACTIVITIES:
   Investments in Real Estate                                0      (124,258)
                                                    -----------   -----------

CASH FLOWS FROM FINANCING ACTIVITIES:
   Increase in Distributions Payable                    21,032        64,157
   Distributions to Partners                          (312,948)     (290,980)
                                                    -----------   -----------
        Net Cash Used For
        Financing Activities                          (291,916)     (226,823)
                                                    -----------   -----------

NET INCREASE IN CASH AND CASH EQUIVALENTS              120,253        76,849

CASH AND CASH EQUIVALENTS, beginning of period         785,486       280,625
                                                    -----------   -----------
CASH AND CASH EQUIVALENTS, end of period           $   905,739   $   357,474
                                                    ===========   ===========

 The accompanying Notes to Financial Statements are an integral
                     part of this statement.
</PAGE>
<PAGE>
          AEI REAL ESTATE FUND XVII LIMITED PARTNERSHIP

            STATEMENT OF CHANGES IN PARTNERS' CAPITAL

                 FOR THE PERIODS ENDED MARCH 31

                           (Unaudited)



                                                                   Limited
                                                                 Partnership
                             General      Limited                   Units
                             Partners     Partners      Total    Outstanding


BALANCE, December 31, 1998   $(68,591)  $13,350,706   $13,282,115    21,947.89

  Distributions                (2,909)     (288,071)     (290,980)

  Net Income                    2,660       263,379       266,039
                              --------   -----------   -----------  ----------
BALANCE, March 31, 1999      $(68,840)  $13,326,014   $13,257,174    21,947.89
                              ========   ===========   ===========  ==========


BALANCE, December 31, 1999   $(70,434)  $13,168,170   $13,097,736    21,657.89

  Distributions                (3,130)     (309,818)     (312,948)

  Net Income                    2,716       268,888       271,604
                              --------   -----------   -----------  ----------
BALANCE, March 31, 2000      $(70,848)  $13,127,240   $13,056,392    21,657.89
                              ========   ===========   ===========  ==========

 The accompanying Notes to Financial Statements are an integral
                     part of this statement.
</PAGE>
<PAGE>
          AEI REAL ESTATE FUND XVII LIMITED PARTNERSHIP

                  NOTES TO FINANCIAL STATEMENTS

                         MARCH 31, 2000

                           (Unaudited)


(1)  The  condensed  statements included herein have been  prepared
     by  the Partnership, without audit, pursuant to the rules  and
     regulations  of  the Securities and Exchange  Commission,  and
     reflect   all  adjustments  which  are,  in  the  opinion   of
     management,  necessary to a fair statement of the  results  of
     operations for the interim period, on a basis consistent  with
     the  annual audited statements.  The adjustments made to these
     condensed   statements  consist  only  of   normal   recurring
     adjustments.   Certain information, accounting  policies,  and
     footnote    disclosures   normally   included   in   financial
     statements  prepared  in  accordance with  generally  accepted
     accounting principles have been condensed or omitted  pursuant
     to  such  rules  and  regulations,  although  the  Partnership
     believes  that  the  disclosures  are  adequate  to  make  the
     information  presented not misleading.  It is  suggested  that
     these  condensed financial statements be read  in  conjunction
     with  the  financial statements and the summary of significant
     accounting  policies  and  notes  thereto  included   in   the
     Partnership's latest annual report on Form 10-KSB.

(2)  Organization -

     AEI  Real Estate Fund XVII Limited Partnership (Partnership)
     was  formed  to  acquire and lease commercial properties  to
     operating tenants.  The Partnership's operations are managed
     by  AEI  Fund  Management  XVII, Inc.  (AFM),  the  Managing
     General Partner.  Robert P. Johnson, the President and  sole
     shareholder of AFM, serves as the Individual General Partner
     and  an  affiliate of AFM, AEI Fund Management, Inc.  (AEI),
     performs the administrative and operating functions for  the
     Partnership.

     The   terms   of  the  Partnership  offering  call   for   a
     subscription  price of $1,000 per Limited Partnership  Unit,
     payable   on  acceptance  of  the  offer.   The  Partnership
     commenced  operations  on February  10,  1988  when  minimum
     subscriptions    of   2,000   Limited   Partnership    Units
     ($2,000,000)  were  accepted.  The  offering  terminated  on
     November  1, 1988 when the one-year offering period expired.
     The  Partnership received subscriptions for 23,388.7 Limited
     Partnership Units ($23,388,700).

     Under  the  terms of the Limited Partnership Agreement,  the
     Limited  Partners and General Partners contributed funds  of
     $23,388,700  and  $1,000, respectively.  During  operations,
     any  Net  Cash Flow, as defined, which the General  Partners
     determine  to  distribute will be  distributed  90%  to  the
     Limited  Partners and 10% to the General Partners; provided,
     however,  that  such distributions to the  General  Partners
     will be subordinated to the Limited Partners first receiving
     an annual, noncumulative distribution of Net Cash Flow equal
     to  10%  of their Adjusted Capital Contribution, as defined,
     and,  provided  further, that in no event will  the  General
     Partners  receive  less than 1% of such Net  Cash  Flow  per
     annum.   Distributions to Limited Partners will be made  pro
     rata by Units.


          AEI REAL ESTATE FUND XVII LIMITED PARTNERSHIP

                  NOTES TO FINANCIAL STATEMENTS
                           (Continued)

(2)  Organization - (Continued)

     Any  Net  Proceeds  of Sale, as defined, from  the  sale  or
     financing of properties which the General Partners determine
     to distribute will, after provisions for debts and reserves,
     be  paid  in  the following manner:  (i) first, 99%  to  the
     Limited  Partners and 1% to the General Partners  until  the
     Limited  Partners  receive an amount  equal  to:  (a)  their
     Adjusted Capital Contribution plus (b) an amount equal to 6%
     of their Adjusted Capital Contribution per annum, cumulative
     but not compounded, to the extent not previously distributed
     from  Net  Cash Flow; (ii) next, 99% to the Limited Partners
     and  1%  to the General Partners until the Limited  Partners
     receive  an  amount equal to 14% of their  Adjusted  Capital
     Contribution  per annum, cumulative but not  compounded,  to
     the  extent not previously distributed; (iii) next,  to  the
     General  Partners  until  cumulative  distributions  to  the
     General  Partners under Items (ii) and (iii)  equal  15%  of
     cumulative  distributions to all Partners under  Items  (ii)
     and (iii).  Any remaining balance will be distributed 85% to
     the  Limited  Partners  and  15% to  the  General  Partners.
     Distributions to the Limited Partners will be made pro  rata
     by Units.

     For  tax  purposes,  profits  from  operations,  other  than
     profits  attributable  to  the  sale,  exchange,  financing,
     refinancing  or  other  disposition  of  property,  will  be
     allocated  first  in the same ratio in  which,  and  to  the
     extent,  Net  Cash Flow is distributed to the  Partners  for
     such year.  Any additional profits will be allocated 90%  to
     the  Limited  Partners and 10% to the General Partners.   In
     the  event  no Net Cash Flow is distributed to  the  Limited
     Partners,  90%  of each item of income, gain or  credit  for
     each  respective  year  shall be allocated  to  the  Limited
     Partners,  and 10% of each such item shall be  allocated  to
     the  General Partners.  Net losses from operations  will  be
     allocated 98% to the Limited Partners and 2% to the  General
     Partners.

     For  tax purposes, profits arising from the sale, financing,
     or  other  disposition  of property  will  be  allocated  in
     accordance  with the Partnership Agreement as  follows:  (i)
     first,  to  those  Partners with deficit balances  in  their
     capital  accounts  in an amount equal to  the  sum  of  such
     deficit  balances; (ii) second, 99% to the Limited  Partners
     and  1%  to the General Partners until the aggregate balance
     in  the Limited Partners' capital accounts equals the sum of
     the Limited Partners' Adjusted Capital Contributions plus an
     amount  equal to 14% of their Adjusted Capital Contributions
     per  annum, cumulative but not compounded, to the extent not
     previously  allocated; (iii) third, to the General  Partners
     until  cumulative allocations to the General Partners  equal
     15%  of cumulative allocations.  Any remaining balance  will
     be  allocated  85% to the Limited Partners and  15%  to  the
     General  Partners.   Losses will be  allocated  98%  to  the
     Limited Partners and 2% to the General Partners.

     The  General Partners are not required to currently  fund  a
     deficit capital balance. Upon liquidation of the Partnership
     or  withdrawal  by  a General Partner, the General  Partners
     will  contribute to the Partnership an amount equal  to  the
     lesser of the deficit balances in their capital accounts  or
     1%  of total Limited Partners' and General Partners' capital
     contributions.


          AEI REAL ESTATE FUND XVII LIMITED PARTNERSHIP

                  NOTES TO FINANCIAL STATEMENTS
                           (Continued)

(3)  Investments in Real Estate -

     In  January, 2000, Texas Sports City Cafe, Ltd. (Texas), the
     lessee  of  the  Sports City Cafe, notified the  Partnership
     that they were discontinuing the restaurant operations.  The
     Partnership is negotiating to sell the property for $900,000
     to an unrelated third party, whom has assumed the restaurant
     operations from Texas.  The Partnership's share of the  sale
     proceeds would be $585,000.  In the fourth quarter of  1999,
     a  charge to operations of $125,000 was recognized for  real
     estate impairment, which was the difference between the book
     value at December 31, 1999 of $703,652 and the estimated net
     proceeds from the sale.  The charge was recorded against the
     cost  of  the  building.  The land and  building  have  been
     classified as Real Estate Held for Sale.

     On August 28, 1998, the Partnership purchased a 14% interest
     in  a parcel of land in Centerville, Ohio for $259,139.  The
     land is leased to Americana Dining Corporation (ADC) under a
     Lease  Agreement with a primary term of 20 years and  annual
     rental  payments of $18,140.  Effective December  25,  1998,
     the  annual  rent was increased to $27,209.   Simultaneously
     with  the purchase of the land, the Partnership entered into
     a   Development   Financing  Agreement   under   which   the
     Partnership advanced funds to ADC for the construction of  a
     Champps  Americana restaurant on the site.   Initially,  the
     Partnership charged interest on the advances at  a  rate  of
     7.0%.   Effective December 25, 1998, the interest  rate  was
     increased  to  10.5%.   On  January  27,  1999,  after   the
     development  was completed, the Lease Agreement was  amended
     to   require   annual  rental  payments  of  $56,764.    The
     Partnership's  share of the total purchase price,  including
     the cost of the land, was $551,677.  The remaining interests
     in  the  property  are owned by AEI Real Estate  Fund  XVIII
     Limited  Partnership, AEI Income & Growth Fund  XXI  Limited
     Partnership  and  AEI  Income &  Growth  Fund  XXII  Limited
     Partnership, affiliates of the Partnership.

     In the fourth quarter of 1999, the Partnership sold 13.5573%
     of  its  interest  in  the Timber Lodge  Steakhouse  in  two
     separate  transactions  to  unrelated  third  parties.   The
     Partnership  received total net sale proceeds  of  $258,624,
     which  resulted in a total net gain of $53,582.   The  total
     cost  and  related accumulated depreciation of the interests
     sold  was  $217,264 and $12,222, respectively.  The majority
     of  the  net  sale proceeds will be reinvested in additional
     property in the future.

(4)  Payable to AEI Fund Management -

     AEI  Fund  Management, Inc. performs the administrative  and
     operating functions for the Partnership.  The payable to AEI
     Fund   Management  represents  the  balance  due  for  those
     services.    This  balance  is  non-interest   bearing   and
     unsecured  and  is  to  be  paid in  the  normal  course  of
     business.


ITEM 2.MANAGEMENT'S DISCUSSION AND ANALYSIS

Results of Operations

        For  the three months ended March 31, 2000 and 1999,  the
Partnership  recognized rental income of $452,688  and  $446,279,
respectively.   During the same periods, the  Partnership  earned
investment income of $10,246 and $4,074, respectively.  In  2000,
rental  income  increased as a result of rent  increases  on  ten
properties which were partially offset by a decrease in rent  due
to property sales in 1999.  In 2000, additional investment income
was earned on the net proceeds from property sales.

        In  January, 2000, Texas Sports City Cafe, Ltd.  (Texas),
the lessee of the Sports City Cafe, notified the Partnership that
they   were   discontinuing  the  restaurant   operations.    The
Partnership  is negotiating to sell the property for $900,000  to
an  unrelated  third  party,  whom  has  assumed  the  restaurant
operations  from  Texas.  The Partnership's  share  of  the  sale
proceeds  would be $585,000.  In the fourth quarter  of  1999,  a
charge  to operations of $125,000 was recognized for real  estate
impairment,  which was the difference between the book  value  at
December 31, 1999 of $703,652 and the estimated net proceeds from
the  sale.   The  charge was recorded against  the  cost  of  the
building.   The  land and building have been classified  as  Real
Estate Held for Sale.

       During the three months ended March 31, 2000 and 1999, the
Partnership   paid   Partnership   administration   expenses   to
affiliated  parties of $69,313 and $66,566, respectively.   These
administration  expenses  include  costs  associated   with   the
management of the properties, processing distributions, reporting
requirements and correspondence to the Limited Partners.   During
the   same   periods,   the  Partnership   incurred   Partnership
administration  and property management expenses  from  unrelated
parties  of  $33,804 and $15,908, respectively.   These  expenses
represent  direct payments to third parties for legal and  filing
fees,  direct administrative costs, outside audit and  accounting
costs, taxes, insurance and other property costs.

        As  of March 31, 2000, the Partnership's annualized  cash
distribution  rate  was  7.0%,  based  on  the  Adjusted  Capital
Contribution.   Distributions of Net Cash  Flow  to  the  General
Partners were subordinated to the Limited Partners as required in
the Partnership Agreement.  As a result, 99% of distributions and
income  were allocated to Limited Partners and 1% to the  General
Partners.

        Inflation  has  had  a  minimal  effect  on  income  from
operations.   It is expected that increases in sales  volumes  of
the  tenants, due to inflation and real sales growth, will result
in  an  increase  in rental income over the term of  the  leases.
Inflation  also  may  cause  the  Partnership's  real  estate  to
appreciate in value.  However, inflation and changing prices  may
also  have  an  adverse impact on the operating  margins  of  the
properties' tenants which could impair their ability to pay  rent
and subsequently reduce the Partnership's Net Cash Flow available
for distributions.

Liquidity and Capital Resources

        During  the  three  months  ended  March  31,  2000,  the
Partnership's cash balances increased $120,253 as the Partnership
distributed  less  cash to the Partners than  it  generated  from
operating  activities.  Net cash provided by operating activities
decreased  from $427,930 in 1999 to $412,169 in 2000  due  to  an
increase  in expenses in 2000 and net timing differences  in  the
collection  of  payments  from the lessees  and  the  payment  of
expenses, which were partially offset by an increase in income in
2000.


ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS  (Continued)

        The  major components of the Partnership's cash flow from
investing activities are investments in real estate and  proceeds
from  the sale of real estate.  For the three months ended  March
31,  1999,  the Partnership expended $124,258 to invest  in  real
properties (inclusive of acquisition expenses) as the Partnership
reinvested the cash generated from property sales.

        On  August  28,  1998, the Partnership  purchased  a  14%
interest  in a parcel of land in Centerville, Ohio for  $259,139.
The land is leased to Americana Dining Corporation (ADC) under  a
Lease Agreement with a primary term of 20 years and annual rental
payments  of  $18,140.  Effective December 25, 1998,  the  annual
rent  was increased to $27,209.  Simultaneously with the purchase
of the land, the Partnership entered into a Development Financing
Agreement under which the Partnership advanced funds to  ADC  for
the  construction of a Champps Americana restaurant on the  site.
Initially, the Partnership charged interest on the advances at  a
rate of 7.0%.  Effective December 25, 1998, the interest rate was
increased  to 10.5%.  On January 27, 1999, after the  development
was  completed, the Lease Agreement was amended to require annual
rental payments of $56,764.  The Partnership's share of the total
purchase  price,  including the cost of the land,  was  $551,677.
The  remaining interests in the property are owned  by  AEI  Real
Estate  Fund XVIII Limited Partnership, AEI Income & Growth  Fund
XXI Limited Partnership and AEI Income & Growth Fund XXII Limited
Partnership, affiliates of the Partnership.

        In  the  fourth  quarter of 1999,  the  Partnership  sold
13.5573%  of its interest in the Timber Lodge Steakhouse  in  two
separate   transactions   to  unrelated   third   parties.    The
Partnership  received total net sale proceeds of $258,624,  which
resulted  in  a  total net gain of $53,582.  The total  cost  and
related  accumulated  depreciation  of  the  interests  sold  was
$217,264 and $12,222, respectively.  The majority of the net sale
proceeds will be reinvested in additional property in the future.

       The Partnership's primary use of cash flow is distribution
and  redemption  payments to Partners.  The Partnership  declares
its  regular  quarterly  distributions before  the  end  of  each
quarter and pays the distribution in the first week after the end
of  each quarter.  The Partnership attempts to maintain a  stable
distribution  rate from quarter to quarter.  Redemption  payments
are  paid  to redeeming Partners on a quarterly basis.  Effective
January   1,  2000,  the  Partnership's  distribution  rate   was
increased  from  6.5% to 7.0%.  As a result,  distributions  were
higher  during the first three months of 2000, when  compared  to
the same period in 1999.

        The  Partnership may acquire Units from Limited  Partners
who have tendered their Units to the Partnership.  Such Units may
be  acquired at a discount.  The Partnership is not obligated  to
purchase  in  any  year  more than 5%  of  the  number  of  Units
outstanding at the beginning of the year.  In no event shall  the
Partnership  be  obligated to purchase  Units  if,  in  the  sole
discretion  of the Managing General Partner, such purchase  would
impair the capital or operation of the Partnership.

        On April 1, 2000, thirty-one Limited Partners redeemed  a
total  of  349 Partnership Units for $272,807 in accordance  with
the  Partnership Agreement.  The Partnership acquired these Units
using Net Cash Flow from operations.  In prior years, a total  of
117  Limited  Partners  redeemed 1,730.9  Partnership  Units  for
$1,160,868.   The  redemptions  increase  the  remaining  Limited
Partners' ownership interest in the Partnership.


ITEM 2.   MANAGEMENT'S DISCUSSION AND ANALYSIS  (Continued)

       The continuing rent payments from the properties, together
with  cash  generated from property sales, should be adequate  to
fund   continuing   distributions  and  meet  other   Partnership
obligations on both a short-term and long-term basis.

Cautionary Statement for Purposes of the "Safe Harbor" Provisions
of the Private Securities Litigation Reform Act of 1995

         The   foregoing  Management's  Discussion  and  Analysis
contains various "forward looking  statements" within the meaning
of   federal   securities   laws  which  represent   management's
expectations  or  beliefs  concerning  future  events,  including
statements  regarding anticipated application of  cash,  expected
returns  from rental income, growth in revenue, taxation  levels,
the  sufficiency  of  cash to meet operating expenses,  rates  of
distribution,  and  other  matters.   These,  and  other  forward
looking statements made by the Partnership, must be evaluated  in
the   context  of  a  number  of  factors  that  may  affect  the
Partnership's  financial  condition and  results  of  operations,
including the following:

<BULLET>  Market  and economic conditions which  affect
          the  value of the properties the Partnership  owns  and
          the cash from rental income such properties generate;

<BULLET>  the federal income tax consequences of rental
          income,  deductions, gain on sales and other items  and
          the affects of these consequences for investors;

<BULLET>  resolution  by  the  General   Partners   of
          conflicts with which they may be confronted;

<BULLET>  the  success  of  the  General  Partners   of
          locating   properties   with  favorable   risk   return
          characteristics;

<BULLET>  the effect of tenant defaults; and

<BULLET>  the condition of the industries in which  the
          tenants of properties owned by the Partnership operate.


                   PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

       There  are no material pending legal proceedings to  which
  the  Partnership  is  a  party or of  which  the  Partnership's
  property is subject.

ITEM 2. CHANGES IN SECURITIES

      None.

ITEM 3. DEFAULTS UPON SENIOR SECURITIES

      None.

ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

      None.

                   PART II - OTHER INFORMATION
                           (Continued)

ITEM 5. OTHER INFORMATION

      None.

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

        a. Exhibits -
                            Description

           10.1  Occupancy  Agreement dated  February
                 17,  2000  between  the  Partnership,  AEI
                 Real  Estate Fund XVI Limited Partnership,
                 Nick Mehmeti and Duncan Burch relating  to
                 the   property  at  3808  Towne   Crossing
                 Boulevard, Mesquite, Texas.

           10.2  Purchase  Agreement dated  April  5,
                 2000  between  the Partnership,  AEI  Real
                 Estate Fund XVI Limited Partnership,  Nick
                 Mehmeti and Duncan Burch relating  to  the
                 property    at    3808   Towne    Crossing
                 Boulevard, Mesquite, Texas.

           27    Financial Data Schedule  for  period
                 ended March 31, 2000.

        b. Reports filed on Form  8-K  - None.


                           SIGNATURES

        In  accordance with the requirements of the Exchange Act,
the  Registrant has caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.


Dated:  May 5, 2000           AEI Real Estate Fund XVII
                              Limited Partnership
                              By:  AEI Fund Management XVII, Inc.
                              Its: Managing General Partner



                              By: /s/ Robert P. Johnson
                                      Robert P. Johnson
                                      President
                                      (Principal Executive Officer)



                              By: /s/ Mark E. Larson
                                      Mark E. Larson
                                      Chief Financial Officer
                                      (Principal Accounting Officer)