<ARTICLE> 5 <LEGEND> The schedule contains summary financial information extracted from the financial statements contained in the Integrated Resources High Equity Partners, Series 85 June 30, 1996 Form 10-Q and is qualified in its entirety by reference to such financial statements </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 3,842,512 <SECURITIES> 0 <RECEIVABLES> 184,216 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 38,484,819 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 36,668,098 <TOTAL-LIABILITY-AND-EQUITY> 38,484,819 <SALES> 0 <TOTAL-REVENUES> 4,563,889 <CGS> 0 <TOTAL-COSTS> 1,683,620 <OTHER-EXPENSES> 1,477,417 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 1,485,845 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,485,845 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,485,845 <EPS-PRIMARY> 0 <EPS-DILUTED> 0