<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> 9-MOS <FISCAL-YEAR-END> Sep-30-1998 <PERIOD-END> Sep-30-1998 <CASH> 8,692,114 <SECURITIES> 127,702,437<F1> <RECEIVABLES> 860,325 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 1,542,645<F2> <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 138,797,521 <CURRENT-LIABILITIES> 26,364 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 137,056,282<F3> <OTHER-SE> 1,714,875<F4> <TOTAL-LIABILITY-AND-EQUITY> 138,797,521 <SALES> 0 <TOTAL-REVENUES> 11,591,854<F5> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 2,577,261 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 9,014,593 <INCOME-TAX> 0 <INCOME-CONTINUING> 9,014,593 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 9,014,593 <EPS-PRIMARY> 0<F7> <EPS-DILUTED> 0<F7> <FN> <F1>Includes Participating Insured Mortgages ("PIMs") of $89,445,563 and Mortgage-Backed Securities ("MBS") of $38,256,874. <F2>Includes prepaid acquisition fees and expenses of $8,225,954 net of accumulated amortization of $6,975,500 and prepaid participation servicing fees of $2,543,823 net of accumulated amortization of $2,251,632. <F3>Represents total equity of General Partners and Limited Partners. General Partners deficit of ($310,063) and Limited Partners equity of $137,366,345. <F4>Unrealized gains on MBS. <F5>Represents interest income on investments in mortgages and cash. <F6>Includes $1,575,446 of amortization of prepaid fees and expenses. <F7>Net income allocated $270,438 to the General Partners and $8,744,155 to the Limited Partners. Average net income per Limited Partner interest is $.60 on 14,655,512 Limited Partner interests outstanding. </FN>