<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Krupp Realty Fund 4 financial statements 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> 956,012 <SECURITIES> 0 <RECEIVABLES> 31,311 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 810,219 <PP&E> 40,707,315<F1> <DEPRECIATION> (24,899,145)<F2> <TOTAL-ASSETS> 17,605,712 <CURRENT-LIABILITIES> 1,255,406 <BONDS> 20,192,138<F3> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 3,841,832<F4> <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 17,605,712 <SALES> 0 <TOTAL-REVENUES> 7,307,643 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 6,170,276<F5> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 1,294,247 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (156,880)<F6> <EPS-PRIMARY> 0 <EPS-DILUTED> 0 <FN> <F1>Includes apartment complexes of $40,308,657 and deferred expenses of $398,658. <F2>Includes depreciation of ($24,742,332) and amortization of deferred expenses of ($156,813). <F3>Represents mortgage notes payable. <F4>Represents total deficit of general and limited partners of ($296,967) and ($3,544,865), respectively. <F5>Includes operating expenses of $3,317,280, real estate tax expenses of $743,584, depreicaiton and amortization of $2,106,590 and minority interest of $2,822. <F6>Net loss allocated (1,569) general partners, ($6,275) original limited partners and ($149,036) to the investor limited partners, for the year ended December 31, 1996. Average net loss per unit of limited partners interest is ($4.97) on 30,000 units outstanding. </FN>