WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from Krupp Realty Fund 5 Financial Statements for the nine months ended September 30, 1999 and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> SEP-30-1999 <CASH> 3,806,917 <SECURITIES> 0 <RECEIVABLES> 77,437<F1> <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,459,186 <PP&E> 75,655,610<F2> <DEPRECIATION> (47,984,803)<F3> <TOTAL-ASSETS> 34,014,347 <CURRENT-LIABILITIES> 3,531,360 <BONDS> 41,387,023<F4> <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> (10,904,036)<F5> <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 34,014,347 <SALES> 0 <TOTAL-REVENUES> 11,763,548<F6> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 7,965,979<F7> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,223,525 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,574,044<F8> <EPS-BASIC> 0<F8> <EPS-DILUTED> 0<F8> <F1> Includes all receivables grouped in "prepaid expenses and other assets" on the Balance Sheet. <F2> Multi-family complexes of $75,090,238 and deferred expenses of $565,372. <F3> Accumulated depreciation of $47,876,135 and accumulated amortization of deferred expenses of $108,668. <F4> Represents mortgage notes payable. <F5> Represents total deficit of the General Partners and Limited Partners of ($413,065)and ($10,490,971), respectively. <F6> Includes all revenue of the Partnership. <F7> Includes operating expenses of $4,021,923 real estate taxes of $1,334,783 and depreciation and amortization of $2,609,273. <F8> Net income allocated $15,740 to the General Partners and $1,558,304 to the Limited Partners. Average net income per Unit of Limited Partners interest is $41.59 on 35,200 Units outstanding.