<ARTICLE> 5
<LEGEND>
The schedule contains summary financial information extracted from MRI Business
Properties Fund, Ltd. and is qualified in its entirety by reference to such
financial statements.
</LEGEND>

<MULTIPLIER>   1

       
                              
<PERIOD-TYPE>                    3-MOS
<FISCAL-YEAR-END>                SEP-30-1996
<PERIOD-START>                   OCT-01-1995
<PERIOD-END>                     DEC-31-1995
<CASH>                           4,015,000
<SECURITIES>                     0
<RECEIVABLES>                    0                   
<ALLOWANCES>                     0
<INVENTORY>                      0
<CURRENT-ASSETS>                 0
<PP&E>                           38,248,000
<DEPRECIATION>                   23,310,000<F1>
<TOTAL-ASSETS>                   19,844,000
<CURRENT-LIABILITIES>            0
<BONDS>                          1,099,000
<COMMON>                         0
<PREFERRED-MANDATORY>            0
<PREFERRED>                      0
<OTHER-SE>                       18,205,000
<TOTAL-LIABILITY-AND-EQUITY>     19,844,000
<SALES>                          0
<TOTAL-REVENUES>                 848,000     
<CGS>                            0
<TOTAL-COSTS>                    555,000             
<OTHER-EXPENSES>                 0
<LOSS-PROVISION>                 0
<INTEREST-EXPENSE>               25,000
<INCOME-PRETAX>                  196,000
<INCOME-TAX>                     0
<INCOME-CONTINUING>              196,000
<DISCONTINUED>                   0
<EXTRAORDINARY>                  0
<CHANGES>                        0
<NET-INCOME>                     196,000
<EPS-PRIMARY>                    2.34
<EPS-DILUTED>                    2.34
<FN>
<F1> Depreciation includes $12,981,000 of allowance for impairment of value.
</FN>