<ARTICLE> 5 <LEGEND> The schedule contains summary financial infomation extracted from the balance sheet and statement if income and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000805297 <NAME> Krupp Insured Plus II LTD Partnership <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> Jun-30-1998 <PERIOD-END> Jun-30-1998 <CASH> 33,234,357 <SECURITIES> 128,250,078<F1> <RECEIVABLES> 950,240 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,829,415<F2> <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 164,264,090 <CURRENT-LIABILITIES> 18,797 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 162,868,440<F3> <OTHER-SE> 1,376,853<F4> <TOTAL-LIABILITY-AND-EQUITY> 164,264,090 <SALES> 0 <TOTAL-REVENUES> 8,710,992<F5> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,972,449<F6> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 6,738,543 <INCOME-TAX> 0 <INCOME-CONTINUING> 6,738,543 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 6,738,543 <EPS-PRIMARY> 0<F7> <EPS-DILUTED> 0<F7> <FN> <F1>Includes Participating Insured Mortgages ("PIMs") of $89,648,463 and Mortgage-Backed Securities ("MBS") of $38,601,615. <F2>Includes prepaid acquisition fees and expenses of $8,225,954 net of accumulated amortization of $6,749,952 and prepaid participation servicing fees of $2,543,823 netof accumulated amortization of $2,190,410. <F3>Represents total equity of General Partners and Limited Partners. General Partners deficit of ($282,162) and Limited Partners equity of $163,150,602. <F4>Unrealized gains on MBS. <F5>Represents interest income on investments in mortgages and cash. <F6>Includes $1,288,676 of amortization of prepaid fees and expenses. <F7>Net income allocated $202,156 to the General Partners and $6,536,387 to the Limited Partners. Average net income per Limited Partner interest is $.45 on 14,655,512 Limited Partner interests outstanding. </FN>