<ARTICLE> 5 <LEGEND> This schedule for Krupp Associate 1980-1 contains summary financial extracted from teh financial statements for the quarter ended March 31, 1997 and is qualified in its entirety be reference to such finanical. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> MAR-31-1997 <CASH> 72,891 <SECURITIES> 0 <RECEIVABLES> 3,603 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 197,493 <PP&E> 4,977,518<F1> <DEPRECIATION> (2,812,442)<F2> <TOTAL-ASSETS> 2,439,063 <CURRENT-LIABILITIES> 1,008,033 <BONDS> 3,468,841<F3> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> (2,037,811)<F4> <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 2,439,063 <SALES> 0 <TOTAL-REVENUES> 265,543<F5> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 218,037<F6> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 89,970 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (42,464)<F7> <EPS-PRIMARY> 0<F7> <EPS-DILUTED> 0<F7> <FN> <F7>Net loss allocated ($424) to the General Partners and ($42,040) to the Limited Partners. <F6>Total operating expenses of $138,891, real estate taxes of $34,500 and depreciation and amortization of $44,646. <F5>Represents total revenue of the Parntership. <F4>Total deficit of General Partners ($1,286,899) and Limited Partners ($750,912). <F2>Includes depreciation of ($2,774,040) and amortization of deferred expenses of ($38,402). <F1>Includes multi-family complex of $4,830,893 and deferred expenses of $146,625. <F3>Represents mortgage note payable of $2,211,456 and notes to an affiliated party of $1,257,385. </FN>