4 1 form4.txt US SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). 1. Name and Address of Reporting Person Johnson Robert P (Last) (First) (Middle) 1300 Minnesota World Trade Center 30 East Seventh Street (Street) 2. Issuer Name and Ticker or Trading Symbol No symbol - Not traded AEI Real Estate Fund 85-B Limited Partnership 3. IRS or Social Security Number of Reporting Person (voluntary) ###-##-#### 4. Statement for Month/Year February 2001 5. If Amendment Date of Original (Month/Year) 6. Relationship of Reporting Person to Issuer [X] Director [ ] 10% Owner [X] Officer (give title below) [X] Other (specify below) Table 1 -Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

Explanation of Responses: /s/ Robert P Johnson March 8, 2001 **Signature of Reporting Person Date Reminder: Report on a seperate line for each class of securities beneficially owned directly or indirectly. *If the form if filed by more than one reporting person, see Instruction 4(b)(v) ** Intentinal misstatements or omissions of facts constitue Federal Criminal Violations. See 18 U. S. C. 1001 and 15 U.S.C. 78ff(a).

AEI REAL ESTATE FUND 85-B LTD PARTNERSHIP 4