<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> 0000832091 <NAME> KRUPP INSURED PLUS-III LIMITED PARTNERSHIP <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> Dec-31-1999 <PERIOD-END> Dec-31-1999 <CASH> 19,237,377 <SECURITIES> 47,878,238<F1> <RECEIVABLES> 645,696 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 665,196<F2> <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 68,426,507 <CURRENT-LIABILITIES> 19,548 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 68,405,990<F3> <OTHER-SE> 969<F4> <TOTAL-LIABILITY-AND-EQUITY> 68,426,507 <SALES> 0 <TOTAL-REVENUES> 6,701,135<F5> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 1,839,559<F6> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 4,930,576 <INCOME-TAX> 0 <INCOME-CONTINUING> 4,930,576 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 4,930,576 <EPS-BASIC> 0 <EPS-DILUTED> 0<F7> <FN> <F1>Includes Participating Insured Mortgages ("PIMs") of $34,929,389 and Mortgage-Backed Securities ("MBS") of $12,948,849. <F2>Includes prepaid acquisition fees and expenses of $2,921,471 net of accumulated amortization of $2,431,337 and prepaid participation servicing fees of $1,788,866 net of accumulated amortization of $888,187. <F3>Represents total equity of General Partners and Limited Partners. General Partners deficit of ($187,219) and Limited Partners equity of $68,593,209. <F4>Unrealized gain on MBS. <F5>Represents interest income on investments in mortgages and cash. <F6>Includes $1,106,566 of amortization of prepaid fees and expenses. <F7>Net income allocated $147,917 to the General Partners and $4,782,659 to the Limited Partners. Average net income per Limited Partner interest is $.37 on 12,770,261 Limited Partner interests outstanding. </FN>