<ARTICLE> 5 <CIK> 0000225775 <NAME> Public Storage Properties IV, Ltd. <MULTIPLIER> 1 <CURRENCY> US <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> Dec-31-1998 <PERIOD-START> Jan-01-1998 <PERIOD-END> Sep-30-1998 <EXCHANGE-RATE> 1 <CASH> 640,000 <SECURITIES> 10,242,000 <RECEIVABLES> 150,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 11,161,000 <PP&E> 21,522,000 <DEPRECIATION> (11,589,000) <TOTAL-ASSETS> 21,094,000 <CURRENT-LIABILITIES> 521,000 <BONDS> 21,000,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (427,000) <TOTAL-LIABILITY-AND-EQUITY> 21,094,000 <SALES> 0 <TOTAL-REVENUES> 6,893,000 <CGS> 0 <TOTAL-COSTS> 1,939,000 <OTHER-EXPENSES> 747,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,774,000 <INCOME-PRETAX> 2,433,000 <INCOME-TAX> 0 <INCOME-CONTINUING> 2,433,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,433,000 <EPS-PRIMARY> 60.15 <EPS-DILUTED> 60.15