<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Krupp Realty Fund 5 Financial Statements for the nine months ended December 31, 1997 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> DEC-31-1997 <CASH> 802,726 <SECURITIES> 0 <RECEIVABLES> 1,198,179<F1> <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,158,302 <PP&E> 72,948,638<F2> <DEPRECIATION> (41,650,813)<F3> <TOTAL-ASSETS> 35,457,032 <CURRENT-LIABILITIES> 3,199,087 <BONDS> 42,400,331<F4> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> (10,143,034)<F5> <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 35,457,032 <SALES> 0 <TOTAL-REVENUES> 14,523,598<F6> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 11,447,962<F7> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,380,019 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 288,156<F8> <CHANGES> 0 <NET-INCOME> (592,539)<F9> <EPS-PRIMARY> 0<F9> <EPS-DILUTED> 0<F9> <FN> <F1>Includes all receivables grouped in "prepaid expenses and other assets" on the Balance Sheet. <F2>Multi-family complexes of $72,392,551 and deferred expenses of $556,087. <F3>Accumulated depreciation of $41,602,481 and accumulated amortization of deferred expenses of $48,332. <F4>Represents mortgage notes payable. <F5>Represents total deficit of the General Partners and Limited Partners of ($405,454) and ($9,737,580), respectively. <F6>Includes all revenue of the Partnership. <F7>Includes operating expenses of $5,566,413, real estate taxes of $2,280,910 and depreciation and amortization of $3,600,639. <F8>Represents prepayment penalty on Century old mortgage note $210,825 and unamortized deferred mortgage costs on the old mortgage note $77,331. <F9>Net loss allocated ($5,925) to the General Partners and ($586,614) to the Limited Partners. Average net loss per Unit of Limited Partners interest is ($16.67) on 35,200 Units outstanding. </FN>