<ARTICLE> 5 <LEGEND> The schedule contains summary financial information extracted from the balance sheet and statement of income and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000805297 <NAME> KRUPP INSURED PLUS-II LIMITED PARTNERSHIP <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 8,466,911 <SECURITIES> 181,625,619<F1> <RECEIVABLES> 1,296,080 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 4,034,237<F2> <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 195,422,847 <CURRENT-LIABILITIES> 12,810 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 194,769,769<F3> <OTHER-SE> 640,268<F4> <TOTAL-LIABILITY-AND-EQUITY> 195,422,847 <SALES> 0 <TOTAL-REVENUES> 8,545,879<F5> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,931,152<F6> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 6,614,727 <INCOME-TAX> 0 <INCOME-CONTINUING> 6,614,727 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,614,727 <EPS-PRIMARY> 0<F7> <EPS-DILUTED> 0<F7> <FN> <F1>Includes Participating Insured Mortgages ("PIMs") of $141,149,037 and Mortgage-Backed Securities ("MBS") of $40,476,582. <F2>Includes prepaid acquisition fees and expenses of $11,246,380 net of accumulated amortization of $8,106,629 and prepaid participation servicing fees of $3,513,542 net of accumulated amortization of $2,619,056. <F3>Represents total equity of General Partners and Limited Partners. General Partners deficit of ($230,067) and Limited Partners equity of $194,999,836. <F4>Unrealized gain on MBS. <F5>Represents interest income on investments in mortgages and cash. <F6>Includes $990,916 of amortization of prepaid fees and expenses. <F7>Net income allocated $198,442 to the General Partners and $6,416,285 to the Limited Partners. Average net income per Limited Partner interest is $.44 on 14,655,512 Limited Partner interests outstanding. </FN>