<ARTICLE> 5
<CIK> 0000825851
<NAME> WELLESLEY LEASE INCOME  PARTNERSHIP IV FDS 3/31/97
       
                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               MAR-31-1997
<CASH>                                         177,319
<SECURITIES>                                         0
<RECEIVABLES>                                  237,601
<ALLOWANCES>                                    39,073
<INVENTORY>                                          0
<CURRENT-ASSETS>                               375,847
<PP&E>                                       4,619,375
<DEPRECIATION>                               3,546,637
<TOTAL-ASSETS>                               1,448,585
<CURRENT-LIABILITIES>                          201,803
<BONDS>                                        530,305
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                    12,149,459
<OTHER-SE>                                (11,432,982)
<TOTAL-LIABILITY-AND-EQUITY>                 1,448,585
<SALES>                                        254,428
<TOTAL-REVENUES>                               439,411
<CGS>                                                0
<TOTAL-COSTS>                                   14,766
<OTHER-EXPENSES>                               241,238
<LOSS-PROVISION>                              (23,790)
<INTEREST-EXPENSE>                              11,055
<INCOME-PRETAX>                                196,142
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            196,142
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   196,142
<EPS-PRIMARY>                                     7.07
<EPS-DILUTED>                                        0