<ARTICLE> 5
<CIK> 0000825851
<NAME> WELLESLEY LEASE INCOME LIMITED PARTNERSHIP IV FDS 12/31/96
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
<CASH>                                          36,022
<SECURITIES>                                       600
<RECEIVABLES>                                  134,605
<ALLOWANCES>                                    62,863
<INVENTORY>                                          0
<CURRENT-ASSETS>                               108,364
<PP&E>                                       5,084,339
<DEPRECIATION>                               3,807,667
<TOTAL-ASSETS>                               1,385,036
<CURRENT-LIABILITIES>                          202,030
<BONDS>                                        591,174
<PREFERRED-MANDATORY>                       12,149,459
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                (11,557,627)
<TOTAL-LIABILITY-AND-EQUITY>                 1,385,036
<SALES>                                      1,617,165
<TOTAL-REVENUES>                             1,650,739
<CGS>                                                0
<TOTAL-COSTS>                                  123,488
<OTHER-EXPENSES>                               957,914
<LOSS-PROVISION>                                23,068
<INTEREST-EXPENSE>                              82,349
<INCOME-PRETAX>                                463,920
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            463,920
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   463,920
<EPS-PRIMARY>                                    12.12
<EPS-DILUTED>                                        0