<ARTICLE> 5
<CIK>      0000794665                                               
<NAME>     FIRST CAPITAL REAL ESTATE, LTD - 4               
<MULTIPLIER> 1
<CURRENCY>   U.S. DOLLARS                                                
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                        DEC-31-1995  
<PERIOD-START>                           JAN-01-1995   
<PERIOD-END>                             JUN-30-1995  
<EXCHANGE-RATE>                                    1  
<CASH>                                     4,668,200  
<SECURITIES>                                       0   
<RECEIVABLES>                                233,500   
<ALLOWANCES>                                       0    
<INVENTORY>                                        0   
<CURRENT-ASSETS>                           4,964,200   
<PP&E>                                    45,402,200   
<DEPRECIATION>                             8,403,400   
<TOTAL-ASSETS>                            42,023,400   
<CURRENT-LIABILITIES>                      1,349,200   
<BONDS>                                    4,085,700   
<COMMON>                                           0   
<PREFERRED-MANDATORY>                              0   
<PREFERRED>                                        0   
<OTHER-SE>                                36,378,200   
<TOTAL-LIABILITY-AND-EQUITY>              42,023,400    
<SALES>                                            0   
<TOTAL-REVENUES>                           2,963,700   
<CGS>                                              0    
<TOTAL-COSTS>                              1,015,800    
<OTHER-EXPENSES>                             105,400   
<LOSS-PROVISION>                                   0   
<INTEREST-EXPENSE>                           172,300   
<INCOME-PRETAX>                              969,600    
<INCOME-TAX>                                       0    
<INCOME-CONTINUING>                          969,600   
<DISCONTINUED>                                     0   
<EXTRAORDINARY>                                    0   
<CHANGES>                                          0   
<NET-INCOME>                                 969,600    
<EPS-PRIMARY>                                   1.49      
<EPS-DILUTED>                                   1.49