<ARTICLE> 5 <CIK> 0000795196 <NAME> JOHN HANCOCK REALTY INCOME FUND LIMITED PARTNERSHIP <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 2,494,571 <SECURITIES> 0 <RECEIVABLES> 200,816 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 2,695,387 <PP&E> 23,540,809 <DEPRECIATION> 4,944,621 <TOTAL-ASSETS> 21,665,215 <CURRENT-LIABILITIES> 489,231 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 21,175,984 <TOTAL-LIABILITY-AND-EQUITY> 21,665,215 <SALES> 0 <TOTAL-REVENUES> 662,122 <CGS> 0 <TOTAL-COSTS> 151,155 <OTHER-EXPENSES> 177,408 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 333,559 <INCOME-TAX> 0 <INCOME-CONTINUING> 333,559 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 333,559 <EPS-PRIMARY> 3.68 <EPS-DILUTED> 3.68