<ARTICLE> 5
<CIK> 0000760386
<NAME> WELLESLEY LEASE INCOME LIMITED PARTNESHIP III D
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-END>                               SEP-30-1995
<CASH>                                         451,381
<SECURITIES>                                         0
<RECEIVABLES>                                  213,152
<ALLOWANCES>                                    39,170
<INVENTORY>                                          0
<CURRENT-ASSETS>                               625,363
<PP&E>                                       8,367,083
<DEPRECIATION>                               5,379,001
<TOTAL-ASSETS>                               3,613,445
<CURRENT-LIABILITIES>                          204,107
<BONDS>                                        829,018
<COMMON>                                     8,988,039
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                 (6,407,719)
<TOTAL-LIABILITY-AND-EQUITY>                 3,613,445
<SALES>                                      1,914,439
<TOTAL-REVENUES>                             1,928,126
<CGS>                                                0
<TOTAL-COSTS>                                  125,859
<OTHER-EXPENSES>                             1,216,227
<LOSS-PROVISION>                              (20,348)
<INTEREST-EXPENSE>                              30,418
<INCOME-PRETAX>                                575,970
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            575,970
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   575,970
<EPS-PRIMARY>                                    26.56
<EPS-DILUTED>                                        0