WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Krupp Associates 1980-1 Financial Statements for the six months ended June 30, 1997 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> 12-31-97 <PERIOD-END> 06-30-97 <CASH> 62,810 <SECURITIES> 0 <RECEIVABLES> 2,217<F1> <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 172,861 <PP&E> 5,012,882<F2> <DEPRECIATION> (2,859,100)<F3> <TOTAL-ASSETS> 2,392,170 <CURRENT-LIABILITIES> 1,012,035 <BONDS> 3,464,614<F4> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> (2,084,479)<F5> <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 2,392,170 <SALES> 0 <TOTAL-REVENUES> 539,203<F6> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 447,347<F7> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 180,988 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (89,132)<F8> <EPS-PRIMARY> 0<F8> <EPS-DILUTED> 0<F8> <FN> <F1>Includes all receivables grouped in "Prepaid Expenses and Other Assets" on the balance sheet. <F2>Includes apartment complexes of $4,866,257 and deferred expenses of $146,625. <F3>Included depreciations of $2,819,651 and amortization of deferred expenses of $39,449. <F4>Represents mortgage note payable of $2,207,229 and note payable to affiliate of $1,257,385. <F5>Represents total deficit of the general partners (1,287,366) and limited partners (797,113). <F6>Includes all revenue of the Partnership. <F7>Includes operating expenses of $290,863 real estate taxes of $65,180 and depreciation and amortization of $91,304. <F8>Net loss allocated (8,022) to general partners and (88,246) to limited partners. Average net loss of ($20.05) per unit on 4,000 units outstanding. </FN>