Exhibit 5
                  BOSE McKINNEY & EVANS
                2700 First Indiana Plaza
              135 North Pennsylvania Street
              Indianapolis, Indiana  46240
                     (317) 684-5000
                            

June 24, 1998

Duke Realty Investments, Inc.
8888 Keystone Crossing, Suite 1200
Indianapolis, Indiana  46240

Dear Sirs:

We are acting as counsel to Duke Realty Investments,
Inc., an Indiana corporation (the "Company"), in
connection with the shelf registration by the Company of
5,000,000 shares of the Company's Common Stock, par value
$.01 per share (the "Common Stock") to be sold by the
Company in connection with the Company's Direct Stock
Purchase and Dividend Reinvestment Plan.  The Common
Stock is the subject of a Registration Statement, as
amended (the "Registration Statement") filed by the
Company on Form S-3 under the Securities Act of 1933, as
amended.

We have examined photostatic copies of the Company's
Amended and Restated Articles of Incorporation and
Amended and Restated Bylaws and such other documents and
instruments as we have deemed necessary to enable us to
render the opinion set forth below.  We have assumed the
conformity to the originals of all documents submitted to
us as photostatic copies, the authenticity of the
originals of such documents, and the genuineness of all
signatures appearing thereon.

Based upon and subject to the foregoing, it is our
opinion that the Common Stock has been duly authorized by
all necessary corporate action of the Company and when
(a) the applicable provisions of the Securities Act of
1933 and such state "blue sky" or securities laws as may
be applicable have been complied with and (b) any shares
of Common Stock to be issued by the Company have been
issued and delivered as described in the Registration
Statement, such shares of Common Stock will be legally
issued, fully paid, and nonassessable.



Duke Realty Investments, Inc.
June 24, 1998
Page 2


We do not hold ourselves out as being conversant with the
laws of any jurisdiction other than those of the United
States and the State of Indiana and, therefore, this
opinion is limited to the laws of those jurisdictions.
We consent to the filing of this opinion as an exhibit to
the Registration Statement on Form S-3 filed under the
Securities Act of 1933 relating to the Common Stock.

Very truly yours,

BOSE McKINNEY & EVANS