<ARTICLE> 5 <CIK> 0000225775 <NAME> PUBLIC STORAGE PROPERTIES IV, LTD. <MULTIPLIER> 1 <CURRENCY> US <PERIOD-TYPE> 6-mos <FISCAL-YEAR-END> Dec-31-1997 <PERIOD-START> Jan-01-1997 <PERIOD-END> Jun-30-1997 <EXCHANGE-RATE> 1 <CASH> 1,980,000 <SECURITIES> 10,076,000 <RECEIVABLES> 172,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 12,228,000 <PP&E> 20,960,000 <DEPRECIATION> (10,449,000) <TOTAL-ASSETS> 22,942,000 <CURRENT-LIABILITIES> 337,000 <BONDS> 25,884,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (3,279,000) <TOTAL-LIABILITY-AND-EQUITY> 22,942,000 <SALES> 0 <TOTAL-REVENUES> 4,080,000 <CGS> 0 <TOTAL-COSTS> 1,185,000 <OTHER-EXPENSES> 463,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,415,000 <INCOME-PRETAX> 1,017,000 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,017,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,017,000 <EPS-PRIMARY> 25.13 <EPS-DILUTED> 25.13