<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
FINANCIAL STATEMENTS OF YAGER KUESTER PUBLIC FUND 1986 LIMITED PARTNERSHIP FOR
THE YEAR ENDED DECEMBER 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               DEC-31-1997
<EXCHANGE-RATE>                                      1
<CASH>                                          92,544
<SECURITIES>                                   267,629
<RECEIVABLES>                                   38,196
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               405,422
<PP&E>                                       8,638,497
<DEPRECIATION>                               1,482,902
<TOTAL-ASSETS>                               7,633,602
<CURRENT-LIABILITIES>                        3,986,965
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                 7,633,602
<SALES>                                              0
<TOTAL-REVENUES>                             1,178,129
<CGS>                                                0
<TOTAL-COSTS>                                  803,069
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             426,557
<INCOME-PRETAX>                                      0
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    51,497
<EPS-PRIMARY>                                        0
<EPS-DILUTED>                                        0