<ARTICLE> 5 <LEGEND> The schedule contains summary financial information extracted from Winthrop Growth Investors 1 Limited Partnership and is qualified in its entirety by reference to such financial statements. </LEGEND> <MULTIPLIER> 1 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> MAR-31-1997 <CASH> 1,192,000 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 42,698,000 <DEPRECIATION> (20,338,000) <TOTAL-ASSETS> 26,932,000 <CURRENT-LIABILITIES> 0 <BONDS> 21,507,000 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 4,575,000 <TOTAL-LIABILITY-AND-EQUITY> 26,932,000 <SALES> 0 <TOTAL-REVENUES> 1,749,000 <CGS> 0 <TOTAL-COSTS> 1,398,000 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 450,000 <INCOME-PRETAX> (84,000) <INCOME-TAX> 0 <INCOME-CONTINUING> (84,000) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (84,000) <EPS-PRIMARY> (3.28) <EPS-DILUTED> (3.28)