<ARTICLE> 5 <CIK> 0000825851 <NAME> FDS FOR WELLESLEY LEASE INCOME LTD PARTNERSHIP IV 6/30/97 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 210,179 <SECURITIES> 0 <RECEIVABLES> 188,491 <ALLOWANCES> 42,746 <INVENTORY> 0 <CURRENT-ASSETS> 402,839 <PP&E> 3,651,020 <DEPRECIATION> 2,825,222 <TOTAL-ASSETS> 1,228,637 <CURRENT-LIABILITIES> 147,540 <BONDS> 419,723 <PREFERRED-MANDATORY> 12,149,459 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (11,488,085) <TOTAL-LIABILITY-AND-EQUITY> 1,228,637 <SALES> 604,687 <TOTAL-REVENUES> 747,529 <CGS> 0 <TOTAL-COSTS> 35,902 <OTHER-EXPENSES> 431,295 <LOSS-PROVISION> (20,117) <INTEREST-EXPENSE> 21,432 <INCOME-PRETAX> 279,017 <INCOME-TAX> 0 <INCOME-CONTINUING> 279,017 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 279,017 <EPS-PRIMARY> 9.88 <EPS-DILUTED> 0