<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from MRI Business
Properties Fund Ltd. 1997 First Quarter 10-QSB and is qualified in its entirety
by reference to such 10-QSB filing.
</LEGEND>
<CIK> 0000722886
<NAME> MRI BUSINESS PROPERTIES FUND LTD.
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          SEP-30-1997
<PERIOD-END>                               DEC-30-1996
<CASH>                                           4,199
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0<F1>
<PP&E>                                           4,475
<DEPRECIATION>                                 (1,762)
<TOTAL-ASSETS>                                   9,153
<CURRENT-LIABILITIES>                                0<F1>
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                       9,072
<TOTAL-LIABILITY-AND-EQUITY>                     9,153
<SALES>                                              0
<TOTAL-REVENUES>                                 1,081
<CGS>                                                0
<TOTAL-COSTS>                                      231
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   6
<INCOME-PRETAX>                                    850
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                850
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                     94
<CHANGES>                                            0
<NET-INCOME>                                       756
<EPS-PRIMARY>                                     7.34<F2>
<EPS-DILUTED>                                        0
<FN>
<F1>Registrant has an unclassified balance sheet.
<F2>Multiplier is 1.
</FN>