<ARTICLE> 5 <CIK> 0000825851 <NAME> WELLESLEY IV FDS 9/30/98 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <CASH> 43,339 <SECURITIES> 0 <RECEIVABLES> 75,771 <ALLOWANCES> 13,099 <INVENTORY> 0 <CURRENT-ASSETS> 126,143 <PP&E> 2,364,561 <DEPRECIATION> 2,150,488 <TOTAL-ASSETS> 340,216 <CURRENT-LIABILITIES> 64,335 <BONDS> 89,899 <PREFERRED-MANDATORY> 12,149,459 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> (11,963,477) <TOTAL-LIABILITY-AND-EQUITY> 340,216 <SALES> 485,197 <TOTAL-REVENUES> 498,738 <CGS> 0 <TOTAL-COSTS> 37,049 <OTHER-EXPENSES> 507,461 <LOSS-PROVISION> 529 <INTEREST-EXPENSE> 11,907 <INCOME-PRETAX> (58,208) <INCOME-TAX> 0 <INCOME-CONTINUING> (58,208) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (58,208) <EPS-PRIMARY> (2.54) <EPS-DILUTED> 0