<ARTICLE> 5 <CIK> 0000225775 <NAME> Public Storage Properties IV, Ltd. <MULTIPLIER> 1 <CURRENCY> US <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> Dec-31-1997 <PERIOD-START> Jan-01-1997 <PERIOD-END> Sep-30-1997 <EXCHANGE-RATE> 1 <CASH> 2,682,000 <SECURITIES> 10,205,000 <RECEIVABLES> 169,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 13,056,000 <PP&E> 21,096,000 <DEPRECIATION> (10,671,000) <TOTAL-ASSETS> 23,659,000 <CURRENT-LIABILITIES> 453,000 <BONDS> 25,647,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (2,441,000) <TOTAL-LIABILITY-AND-EQUITY> 23,659,000 <SALES> 0 <TOTAL-REVENUES> 6,329,000 <CGS> 0 <TOTAL-COSTS> 1,787,000 <OTHER-EXPENSES> 703,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,113,000 <INCOME-PRETAX> 1,726,000 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,726,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,726,000 <EPS-PRIMARY> 42.68 <EPS-DILUTED> 42.68