<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Consolidated Capital Properties III 1996 Second Quarter 10-QSB and is qualified in its entirety by reference to such 10-QSB filing. </LEGEND> <CIK> 0000317331 <NAME> CONSOLIDATED CAPITAL PROPERTIES III <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 4,066 <SECURITIES> 0 <RECEIVABLES> 43 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0<F1> <PP&E> 18,609 <DEPRECIATION> 13,228 <TOTAL-ASSETS> 10,168 <CURRENT-LIABILITIES> 0<F1> <BONDS> 7,659 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 1,808 <TOTAL-LIABILITY-AND-EQUITY> 10,168 <SALES> 0 <TOTAL-REVENUES> 2,342 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,470 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 373 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (128) <EPS-PRIMARY> (.78)<F2> <EPS-DILUTED> 0 <FN> <F1>The Registrant has an unclassified balance sheet. <F2>Multiplier is 1. </FN>