<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Lutheran 
Brotherhood Realty Fund I Form 10-Q for the Quarter ended June 30, 1996 and 
is qualified in its entirety by reference to such Form 10-Q.
</LEGEND>
<MULTIPLIER> 1,000
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               JUN-30-1996
<CASH>                                             643
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                   643
<PP&E>                                           2,248
<DEPRECIATION>                                     345
<TOTAL-ASSETS>                                   4,738
<CURRENT-LIABILITIES>                               50
<BONDS>                                              0
<COMMON>                                             0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                       4,688
<TOTAL-LIABILITY-AND-EQUITY>                     4,738
<SALES>                                            260
<TOTAL-REVENUES>                                   361
<CGS>                                              145
<TOTAL-COSTS>                                      145
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                    112
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                112
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       112
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0