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


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

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

CASH AND CASH EQUIVALENTS                $  550,924       $  496,565 
PROPERTY                                  6,685,827        6,832,913 

OTHER ASSETS                                 82,192           67,449

TOTAL                                    $7,318,943       $7,396,927 

LIABILITIES AND PARTNERS' EQUITY

LIABILITIES                              $  746,041       $  727,497 

MINORITY INTEREST IN 
  REAL ESTATE JOINT VENTURE                 307,933          315,846

 
PARTNERS' EQUITY:
     General Partners                       (74,791)         (73,905)
     Limited Partners                     6,339,760        6,427,489 

  Total partners' equity                  6,264,969        6,353,584

TOTAL                                    $7,318,943       $7,396,927


See accompanying notes to consolidated financial statements(unaudited).

CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
FOR THE THREE MONTHS ENDED MARCH 31, 1998 AND 1997


                                         March 31,       March 31,
                                           1998             1997  
REVENUES:

Rental Income                            $  657,528       $  636,518
Interest                                      2,334            3,043
     Total revenues                         659,862          639,561 

EXPENSES:

Operating Expenses                          338,805           343,394 
General and administrative                   74,854            73,361
     Total expenses                         413,659           416,755 

INCOME BEFORE MINORITY INTEREST 
   IN INCOME OF REAL ESTATE 
   JOINT VENTURE                            246,203           222,806

MINORITY INTEREST IN INCOME 
   OF REAL ESTATE JOINT VENTURE              24,788            20,046 

NET INCOME                               $  221,415        $  202,760 


AGGREGATE NET INCOME ALLOCATED TO:
    Limited partners                     $  219,201        $  200,732 
    General partners                          2,214             2,028

TOTAL                                    $  221,415        $  202,760 

NET INCOME PER LIMITED 
   PARTNERSHIP UNIT                      $     7.14        $     6.54 


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 THREE MONTHS ENDED MARCH 31, 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                               2,028         200,732      202,760 
DISTRIBUTIONS                           (3,100)       (306,930)    (310,030)

EQUITY AT MARCH 31, 1997              ($69,511)     $6,862,448   $6,792,937

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

NET INCOME                               2,214         219,201      221,415 
DISTRIBUTIONS                           (3,100)       (306,930)    (310,030)

EQUITY AT MARCH 31, 1998              ($74,791)     $6,339,760   $6,264,969 


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

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
FOR THE THREE MONTHS ENDED MARCH 31, 1998 AND 1997

<TABLE>
<CAPTION>
                                       March 31,          March 31,
                                         1998               1997
               
<S>                                    <C>                <C>
CASH FLOWS FROM OPERATING ACTIVITIES:

Net income                             $ 221,415          $ 202,760 

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

     Depreciation                        146,937            146,937 
     Distributions paid to 
      	minority interest
       in real estate joint 
      	venture in excess of
        earnings                          (7,911)           (10,854)

     Changes in assets and 
      	liabilities:

     Increase in other assets            (14,743)           (66,759)
     Increase in liabilities              18,544             38,011
Net cash provided by 
  operating activities                   364,242            310,095 

CASH FLOWS FROM INVESTING ACTIVITIES -

     Disposal of property 
       and equipment                         147                  0   

CASH FLOWS FROM FINANCING ACTIVITIES -

     Distributions to partners          (310,030)          (310,030)

NET INCREASE IN CASH AND 
   CASH EQUIVALENTS                       54,359                 65 

CASH AND CASH EQUIVALENTS:

     At beginning of period              496,565            549,578 
     At end of period                  $ 550,924          $ 549,643 


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 March 31, 1998 
and  for  the  periods  ended March 31, 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 March 31, 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        ( 7,019,713)
        Property - Net                       $  6,685,827
</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.