<ARTICLE> 5 <CIK> 0000225775 <NAME> Public Storage Properties IV, Ltd. <MULTIPLIER> 1 <CURRENCY> US <PERIOD-TYPE> 12-mos <FISCAL-YEAR-END> Dec-31-1998 <PERIOD-START> Jan-01-1998 <PERIOD-END> Dec-31-1998 <EXCHANGE-RATE> 1 <CASH> 433,000 <SECURITIES> 10,337,000 <RECEIVABLES> 136,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 11,032,000 <PP&E> 21,668,000 <DEPRECIATION> (11,824,000) <TOTAL-ASSETS> 20,876,000 <CURRENT-LIABILITIES> 484,000 <BONDS> 19,650,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 742,000 <TOTAL-LIABILITY-AND-EQUITY> 20,876,000 <SALES> 0 <TOTAL-REVENUES> 9,234,000 <CGS> 0 <TOTAL-COSTS> 2,644,000 <OTHER-EXPENSES> 1,003,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,080,000 <INCOME-PRETAX> 3,507,000 <INCOME-TAX> 0 <INCOME-CONTINUING> 3,507,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 3,507,000 <EPS-PRIMARY> 86.70 <EPS-DILUTED> 86.70