DSI REALTY INCOME FUND IX
                     (A California Real Estate Limited Partnership)


CONSOLIDATED BALANCE SHEETS(UNAUDITED)
JUNE 30, 1998 AND DECEMBER 31, 1997

<TABLE>
<CAPTION>
                                          June 30,      December 31,
                                            1998             1997 
<S>                                      <C>              <C>
ASSETS

CASH AND CASH EQUIVALENTS                $  575,071       $  496,565 
PROPERTY                                  6,538,889        6,832,913 

OTHER ASSETS                                 89,317           67,449

TOTAL                                    $7,203,277       $7,396,927 

LIABILITIES AND PARTNERS' EQUITY

LIABILITIES                              $  736,212       $  727,497 

MINORITY INTEREST IN 
  REAL ESTATE JOINT VENTURE                 293,870          315,846
 
PARTNERS' EQUITY:
     General Partners                       (75,708)         (73,905)
     Limited Partners                     6,248,903        6,427,489 

  Total partners' equity                  6,173,195        6,353,584

TOTAL                                    $7,203,277       $7,396,927


See accompanying notes to consolidated financial statements(unaudited).
</TABLE>

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
FOR THE THREE MONTHS ENDED JUNE 30, 1998 AND 1997

<TABLE>
<CAPTION>

                                         June 30,         June 30,
                                          1998             1997
<S>                                       <C>              <C>
REVENUES:

Rental Income                            $  677,137       $  650,511
Interest                                      3,161            3,176
     Total revenues                         680,298          653,687 

EXPENSES:

Operating Expenses                          375,288          374,035 
General and Administrative                   59,718           55,306
     Total expenses                         435,006          429,341 

INCOME BEFORE MINORITY INTEREST 
   IN INCOME OF REAL ESTATE 
   JOINT VENTURE                            245,292          224,346

MINORITY INTEREST IN INCOME 
   OF REAL ESTATE JOINT VENTURE              27,036           21,764 

NET INCOME                               $  218,256       $  202,582 


AGGREGATE NET INCOME ALLOCATED TO:
    Limited partners                     $  216,073       $  200,556 
    General partners                          2,183            2,026

TOTAL                                    $  218,256       $  202,582 

NET INCOME PER LIMITED 
   PARTNERSHIP UNIT                      $     7.04       $     6.53 
                                                          

LIMITED PARTNERSHIP UNITS 
   USED IN PER UNIT CALCULATION              30,693           30,693 

See accompanying notes to consolidated financial statements(unaudited).
</TABLE>

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
FOR THE SIX MONTHS ENDED JUNE 30, 1998 AND 1997

<TABLE>
<CAPTION>
                                         
                                         June 30,         June 30, 
                                           1998             1997
<S>                                        <C>              <C>

REVENUES:
Rental Income                            $1,334,665       $1,287,029
Interest                                      5,495            6,219
Total revenue                             1,340,160        1,293,248

EXPENSES:
Operating Expenses                          714,093          717,429
General and administrative                  134,572          128,667
Total expenses                              848,665          846,096

INCOME BEFORE MINORITY INTEREST IN
 INCOME OF REAL ESTATE JOINT VENTURE        491,495          447,152

MINORITY INTEREST IN INCOME OF REAL
 ESTATE JOINT VENTURE                        51,824           41,810

NET INCOME                                 $439,671         $405,342

AGGREGATE NET INCOME ALLOCATED TO:
 Limited partners                          $435,274         $401,289
 General partners                             4,397            4,053
TOTAL                                      $439,671         $405,342

NET INCOME PER LIMITED PARTNERSHIP UNIT      $14.18           $13.07

LIMITED PARTNERSHIP UNITS USED
 IN PER UNIT CALCULATION                     30,693           30,693


See accompanying notes to consolidated financial statements (unaudited).
</TABLE>
         
CONSOLIDATED STATEMENTS OF CHANGES IN PARTNERS' EQUITY (UNAUDITED)
FOR THE SIX MONTHS ENDED JUNE 30, 1998 AND 1997

<TABLE>
<CAPTION>
                                      GENERAL        LIMITED
                                      PARTNERS       PARTNERS       TOTAL
<S>                                   <C>            <C>          <C>


EQUITY AT DECEMBER 31, 1996           ($68,439)     $6,968,646   $6,900,207

NET INCOME                               4,053         401,289      405,342
DISTRIBUTIONS                           (6,200)       (613,860)    (620,060)

EQUITY AT JUNE 30, 1997               ($70,586)     $6,756,075   $6,685,489

EQUITY AT DECEMBER 31, 1997           ($73,905)     $6,427,489   $6,353,584

NET INCOME                               4,397         435,274      439,671
DISTRIBUTIONS                           (6,200)       (613,860)    (620,060)

EQUITY AT JUNE 30, 1998               ($75,708)     $6,248,903    $6,173,195

See accompanying notes to consolidated financial statements(unaudited).
</TABLE>

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
FOR THE SIX MONTHS ENDED JUNE 30, 1998 AND 1997

<TABLE>
<CAPTION>
                                        June 30,           June 30,
                                         1998               1997
               
<S>                                    <C>                <C>
CASH FLOWS FROM OPERATING ACTIVITIES:

Net income                             $ 439,671          $ 405,342 

Adjustments to reconcile net 
   income to net cash provided
   by operating activities:

     Depreciation                        293,875            293,875 
     Distributions paid to 
       minority interest
       in real estate joint 
       venture in excess of
       earnings                          (21,976)           (20,891)

     Changes in assets and 
      	liabilities:

     Increase in other assets            (21,868)           (48,000)
     Increase(Decrease)in liabilities      8,715             (8,059)

Net cash provided by 
  operating activities                   698,417            622,267  
    
CASH FLOWS FROM INVESTING ACTIVITIES -

     Disposal of property and equipment      149                  0

CASH FLOWS FROM FINANCING ACTIVITIES -

     Distributions to partners          (620,060)          (620,060)

NET INCREASE IN CASH AND 
     CASH EQUIVALENTS                     78,506              2,207 

CASH AND CASH EQUIVALENTS:

     At beginning of period              496,565            549,578 
     At end of period                  $ 575,071          $ 551,785 


See accompanying notes to consolidated financial statements(unaudited).
</TABLE>


DSI REALTY INCOME FUND IX
(A California Real Estate Limited Partnership)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)
	
1.   GENERAL

DSI Realty Income Fund IX (the "Partnership"), a limited partnership, has 
three  general  partners (DSI  Properties, Inc.,  Robert  J.  Conway  and 
Joseph W. Conway) and limited partners owning 30,693 limited  partnership 
units. 

The  accompanying consolidated financial information as of June 30, 1998 
and  for  the  periods  ended  June 30, 1998, and 1997 is unaudited. Such 
financial  information  includes  all  adjustments  which  are considered 
necessary by the Partnership's management for a fair  presentation of the 
results  for  the  periods  indicated.

2.   PROPERTY

The Partnership owns five mini-storage facilities located in Monterey Park 
and Azusa, California;  Everett, Washington;  and Romeoville and Elgin, 
Illinois.  The  Partnership also  owns a 70% interest in a mini-storage 
facility in Aurora, Colorado.  As of  June 30, 1998, the total cost and 
accumulated depreciation of the mini-storage facilities are as follows:

<TABLE>
        <S>                                 <C>
        Land                                 $  2,729,790
        Buildings and equipment                10,975,750 
        Total                                  13,705,540
        Less: Accumulated Depreciation        ( 7,166,651)
        Property - Net                       $  6,538,889
</TABLE>

3.   NET INCOME PER LIMITED PARTNERSHIP UNIT

Net income per limited partnership unit is calculated by dividing the net 
income allocated to the limited partners by the number of limited 
partnership units outstanding during the period.