<ARTICLE> 5 <CIK> 0000760386 <NAME> WELLELSEY III-D FDS 9/30/98 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 306,118 <SECURITIES> 0 <RECEIVABLES> 175,981 <ALLOWANCES> 8,334 <INVENTORY> 0 <CURRENT-ASSETS> 489,186 <PP&E> 4,012,068 <DEPRECIATION> 2,750,350 <TOTAL-ASSETS> 1,750,904 <CURRENT-LIABILITIES> 110,677 <BONDS> 357,682 <PREFERRED-MANDATORY> 8,988,039 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (7,705,494) <TOTAL-LIABILITY-AND-EQUITY> 1,750,904 <SALES> 1,277,961 <TOTAL-REVENUES> 1,315,164 <CGS> 0 <TOTAL-COSTS> 92,262 <OTHER-EXPENSES> 810,021 <LOSS-PROVISION> (1,272) <INTEREST-EXPENSE> 43,763 <INCOME-PRETAX> 370,390 <INCOME-TAX> 0 <INCOME-CONTINUING> 370,390 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 370,390 <EPS-PRIMARY> 17.17 <EPS-DILUTED> 0