<ARTICLE> 5
<CIK> 0000760386
<NAME> WELLESLEY LEASE INCOME LTD PARTNERSHIP III-D FDS 12/31/98
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<CASH>                                         403,150
<SECURITIES>                                         0
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<OTHER-SE>                                 (7,847,778)
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<SALES>                                      1,532,778
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<CGS>                                                0
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<OTHER-EXPENSES>                             1,028,051
<LOSS-PROVISION>                               (8,668)
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