WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Krupp Fund 4 financial statements for the six months ending 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> 769,654 <SECURITIES> 0 <RECEIVABLES> 16,007<F1> <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 538,651 <PP&E> 41,026,598<F2> <DEPRECIATION> (25,923,828)<F3> <TOTAL-ASSETS> 16,427,082 <CURRENT-LIABILITIES> 961,312 <BONDS> 19,812,287<F4> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> (4,346,517)<F5> <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 16,427,082 <SALES> 0 <TOTAL-REVENUES> 3,818,518<F6> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 3,091,422<F7> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 640,283 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 84,740<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 $40,627,940 and Deferred Expenses of $398,658. <F3>Includes Depreciation of $25,740,286 and amortization of Deferred Expenses of $183,542. <F4>Represents mortgage notes payable of $19,812,287. <F5>Represents total deficit of the general partners ($302,014) and the Limited Partners ($4,044,503). <F6>Includes all revenue of the Partnership. <F7>Includes operating expenses of $1,691,375, real estate taxes of $375,364 and depreciation and amortization of $1,024,683. <F8>Net income allocated $847 to general partners and $847 to general partners and $83,893 to limited partners. Average net income of $2.68 per unit on 30,000 units outstanding. </FN>