[ARTICLE] 5 [LEGEND] This schedule contains summary financial information extracted from Krupp Realty Fund 3 financial statement for twelve months ended December 31, 1995 and is qualified in it sentirety by references to funds financial statements. [/LEGEND] [PERIOD-TYPE] 12-MOS [FISCAL-YEAR-END] DEC-31-1995 [PERIOD-END] DEC-31-1995 [CASH] 1,059,995 [SECURITIES] 0 [RECEIVABLES] 33,740 [ALLOWANCES] 0 [INVENTORY] 0 [CURRENT-ASSETS] 562,514 [PP&E] 29,309,637<F1> [DEPRECIATION] 16,581,742<F2> [TOTAL-ASSETS] 14,384,144 [CURRENT-LIABILITIES] 708,773 [BONDS] 19,826,601<F3> [PREFERRED-MANDATORY] 0 [PREFERRED] 0 [COMMON] (6,150,690)<F4> [OTHER-SE] 0 [TOTAL-LIABILITY-AND-EQUITY] 14,384,144 [SALES] 6,352,337 [TOTAL-REVENUES] 6,352,337 [CGS] 0 [TOTAL-COSTS] 0 [OTHER-EXPENSES] 5,137,104<F5> [LOSS-PROVISION] 0 [INTEREST-EXPENSE] 1,763,126 [INCOME-PRETAX] (547,893) [INCOME-TAX] 0 [INCOME-CONTINUING] (547,893) [DISCONTINUED] 0 [EXTRAORDINARY] 0 [CHANGES] 0 [NET-INCOME] (547,893) [EPS-PRIMARY] 0<F6> [EPS-DILUTED] 0<F6> <FN> <F1>Includes apartment complexes of $28,790,053 and deferred expenses of $519,584. <F2>Includes depreciation of $16,460,550 and amortization of deferred expenses of $121,192. <F3>Represents mortgage note payable. <F5>Includes operating expeses of $2,880,208, real estate taxes of $17,945 and depreciation/amortization of $1,738,951. <F4>Represents total equity of general partners ($297,600) and limited partners ($5,853,090). <F6>Net loss allocated (27,395) to general partners (520,498) to limited parnters for the nine months ended 12/31/95. Average net loss (20.82) per unit for 25,000 units outstanding. </FN>