<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Krupp Associates 1980-1 financial statement for the year ended December 31, 1996 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> DEC-31-1996 <CASH> 763,487 <SECURITIES> 0 <RECEIVABLES> 44,687 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 558,403 <PP&E> 30,306,454<F1> <DEPRECIATION> 18,448,721<F2> <TOTAL-ASSETS> 13,224,310 <CURRENT-LIABILITIES> 746,878 <BONDS> 19,491,853<F3> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> (7,014,421)<F4> <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 13,224,310 <SALES> 6,628,658 <TOTAL-REVENUES> 6,628,658 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 5,341,036<F5> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,733,982 <INCOME-PRETAX> (446,360) <INCOME-TAX> 0 <INCOME-CONTINUING> (446,360) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (446,360) <EPS-PRIMARY> 0<F6> <EPS-DILUTED> 0<F6> <FN> <F1>Includes apartment complexes of $29,786,870 and deferred expenses of $519,584. <F2>Includes depreciation of $18,281,640 and amortization of defered expenses of $167,081 . <F4>Represents total equity of general partners ($324,092) and limited partners ($6,690,329). <F3>Represents mortgage note payable. <F5>Includes operating expenses of $2,969,190, real estate taxes of $504,867 and depreication/amortization of $1,866,979. <F6>Net loss allocated ($22,319) to general partners and ($424,042) to limited partners for the year ended 12/31/96. Average net loss ($16.96) per unit for 25,000 unites outstanding. </FN>