5



<PAGE>
                          UNITED STATES
               SECURITIES AND EXCHANGE COMMISSION
                     Washington, D.C.  20549

                            FORM 10-Q

    [ X ]QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF
               THE SECURITIES EXCHANGE ACT OF 1934
               For the period ended June 30, 1999

                               OR

    [   ]TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
               THE SECURITIES EXCHANGE ACT OF 1934
      For the transition period from ________ to ________.

                Commission File Number:  0-18147


         DEAN WITTER REALTY INCOME PARTNERSHIP IV, L.P.
 (Exact name of registrant as specified in governing instrument)


          Delaware                             13-3378315
        (State    of   organization)              (IRS   Employer
Identification No.)

     2 World Trade Center, New York, NY             10048
  (Address of principal executive offices)        (Zip Code)


Registrant's telephone number, including area code: (212)
392-1054

Former  name, former address and former fiscal year,  if  changed
since last report:  not applicable

Indicate  by check mark whether the registrant (1) has filed  all
reports  required  to be filed by Section  13  or  15(d)  of  the
Securities  Exchange Act of 1934 during the preceding  12  months
(or  for such shorter period that the registrant was required  to
file  such  reports),  and (2) has been subject  to  such  filing
requirements for the past 90 days.  Yes     X     No

<PAGE>
<TABLE>
                 PART I - FINANCIAL INFORMATION

Item 1.  Financial Statements

         DEAN WITTER REALTY INCOME PARTNERSHIP IV, L.P.

                         BALANCE SHEETS
                            <CAPTION>
                    June 30,     December 31,
                                                 1999      1998
<S>                                                         <C>
<C>
                             ASSETS

Cash and cash equivalents                    $ 1,564,494    $
1,531,647

Investment in joint venture                    8,593,393
8,552,095

Other assets                                      48,471
20,726

                                             $10,206,358
$10,104,468


                LIABILITIES AND PARTNERS' CAPITAL

Accounts payable and accrued liabilities     $    73,441    $
143,877

Partners' capital (deficiency):
 General partners                             (5,443,292)
(5,460,525)
 Limited partners ($500 per Unit, 304,437 Units issued)
15,576,209                                    15,421,116

                                              10,132,917
9,960,591

                                             $10,206,358
$10,104,468












         See accompanying notes to financial statements.
</TABLE>
<PAGE>
<TABLE>
         DEAN WITTER REALTY INCOME PARTNERSHIP IV, L.P.

                        INCOME STATEMENTS

        Three and six months ended June 30, 1999 and 1998
<CAPTION>
                               Three months ended          Six
months ended
                                            June 30,
June 30,
                                         1999           1998
1999         1998
<S>                      <C>       <C>        <C>       <C>
Revenues:
  Equity in earnings of
joint                    $         $          $         $
    ventures             71,716    24,806,57  233,091   25,973,1
  Interest and other               3                    88
                         15,618               32,846
                                   233,387              248,751


                         87,334    25,039,96  265,937   26,221,9
                                   0                    39

Expenses:
  General and            $         $          $         $
administrative           49,766    72,047     93,611    190,174

Net income               $         $          $         $
                         37,568    24,967,91  172,326   26,031,7
                                   3                    65


Net income allocated to:
  Limited partners       $         $          $         $
  General partners       33,811    24,944,83  155,093   25,902,3
                                   3                    00
                         3,757                17,233
                                   23,080               129,465

                         $         $          $         $
                         37,568    24,967,91  172,326   26,031,7
                                   3                    65


Net income per Unit of
limited                  $         $          $         $
  partnership interest   0.11      81.94      0.51      85.08









         See accompanying notes to financial statements.
</TABLE>
<PAGE>
<TABLE>
         DEAN WITTER REALTY INCOME PARTNERSHIP IV, L.P.

                 STATEMENT OF PARTNERS' CAPITAL

                 Six months ended June 30, 1999

<CAPTION>
                                    Limited    General
                                    Partners   Partners
Total
<S>                                                    <C>  <C>
<C>
Partners' capital (deficiency)
 at January 1, 1999                $15,421,116
$(5,460,525)                       $ 9,960,591

Net income                             155,093
17,233                                 172,326

Partners' capital (deficiency)
 at June 30, 1999                  $15,576,209
$(5,443,292)                       $10,132,917





























         See accompanying notes to financial statements.
</page>
<PAGE>

</TABLE>
<TABLE>
         DEAN WITTER REALTY INCOME PARTNERSHIP IV, L.P.

                    STATEMENTS OF CASH FLOWS

             Six months ended June 30, 1999 and 1998


                                                 1999      1998
<S>                                                         <C>
<C>
Cash flows from operating activities:
 Net income                                  $   172,326    $
26,031,765
 Adjustments to reconcile net income to net cash (used in)
    provided by operating activities:
   Equity in earnings of joint ventures         (233,091)
(25,973,188)
    (Increase) decrease in other assets          (27,745)
16,641
     Decrease in accounts payable and accrued liabilities
(70,436)                                          (69,587)

         Net cash (used in) provided by operating activities
(158,946)                                           5,631

Cash flows from investing activities:
 Distributions from joint ventures               288,798
53,050,666
 Additional investments in joint ventures        (97,005)
(496,986)

      Net cash  provided by investing activities
191,793                                        52,553,680

Cash flows used in financing activities:
 Cash distributions                                -
(53,596,471)

Increase (decrease) in cash and cash equivalents
32,847                                         (1,037,160)

Cash and cash equivalents at beginning of period
1,531,647                                       1,868,422

Cash and cash equivalents at end of period   $ 1,564,494    $
831,262








        See accompanying notes to  financial statements.
     </TABLE>
<PAGE>
    DEAN WITTER REALTY INCOME PARTNERSHIP IV, L.P.
             Notes to Financial Statements

1. The Partnership

Dean  Witter  Realty Income Partnership IV,  L.P.  (the
"Partnership") is a limited partnership organized under
the laws of the State of Delaware on October 31, 1986.

The  Partnership's interests in Taxter Park  Associates
("Associates")  and  DWR Chesterbrook  Associates,  the
partnership  which  owned an interest  in  Chesterbrook
Corporate Center (sold 4/98), are accounted for on  the
equity method.

The Partnership's records are maintained on the accrual
basis  of  accounting for financial and  tax  reporting
purposes.

Net  income per Unit amounts are calculated by dividing
net income allocated to Limited Partners, in accordance
with the Partnership Agreement, by the weighted average
number of Units outstanding.

In   the   opinion  of  management,  the   accompanying
financial  statements,  which have  not  been  audited,
include  all  adjustments, necessary to present  fairly
the results for the interim period. Except for the gain
on  the  sale of the Chesterbrook property included  in
equity  in  earnings of joint ventures  in  the  second
quarter  of  1998,  such adjustments  consist  only  of
normal recurring accruals.

These   financial   statements  should   be   read   in
conjunction  with the annual financial  statements  and
notes  thereto  included  in the  Partnership's  annual
report  on  Form  10-K filed with  the  Securities  and
Exchange  Commission for the year  ended  December  31,
1998.  Operating results of interim periods may not  be
indicative  of  the operating results  for  the  entire
year.

2. Investment in Joint Venture

In  1987,  Associates   sold a  leasehold  interest  in
approximately 20% of the space at Taxter Corporate Park
to KLM.  In 1998, KLM accepted a $6.75 million purchase
offer for the leasehold interest,

<PAGE>
    DEAN WITTER REALTY INCOME PARTNERSHIP IV, L.P.

             Notes to Financial Statements

which  Associates had the right to match.  The partners
of  Associates believe that inclusion of the KLM  space
improves  the  value and salability  of  the  property;
however, the partners did not have sufficient  cash  to
fund  the  purchase.  Therefore, an  affiliate  of  the
Managing  General  Partner  (the  "Affiliate"),  as  an
accommodation,  purchased  the  leasehold  interest  on
February  8,  1999 for $6.75 million  and  assumed  the
rights and obligations of KLM thereunder.

On February 4, 1999, Associates and KLM entered into  a
new lease which allows KLM to continue to occupy 50% of
the  space  subject  to  the  leasehold  interest.   On
February 8, 1999, the Affiliate also assumed the rights
and obligations of Associates under this new lease.

As  part  of  the  purchase of the leasehold  interest,
Associates received an option to purchase the leasehold
interest  and  assume the new lease from the  Affiliate
for a purchase price of $6.75 million plus the cost  of
any   tenant  improvements,  leasing  commissions   and
capital  expenditures  incurred  by  the  Affiliate  in
connection  with the leasehold interest  (collectively,
the  "Resale  Price").   Associates  also  granted  the
Affiliate  an option to require Associates to  purchase
the leasehold interest and assume the new lease for the
Resale  Price.   When the property is sold,  Associates
will  be  obligated to purchase the leasehold  interest
and assume the new lease from the Affiliate for the new
Resale Price.


<PAGE>
<TABLE>
    DEAN WITTER REALTY INCOME PARTNERSHIP IV, L.P.

             Notes to Financial Statements

Summarized  financial information of Associates  is  as
follows:
<CAPTION>
                    Quarter ended June 30,   Six months
ended June 30,
                       1999       1998
1999          1998
<S>        <C>        <C>        <C>         <C>
Revenues   $1,509,10  $1,302,87  $2,817,31   $2,712,36
           7          7          6           9
Expenses

           1,332,465  1,079,746  2,243,199   2,156,904

Net        $          $          $           $
income     176,642    223,131    574,117     555,465

3. Related Party Transactions

In  1998, an affiliate of the Managing General  Partner
provided   property  management  services  for   Taxter
Corporate  Park and five buildings at the  Chesterbrook
Corporate  Center  (until the buildings  were  sold  in
April   1998).   The  Partnership  paid  the  affiliate
management fees of approximately $43,000 in 1998.  This
amount  was recorded as expenses of the joint ventures.
In   1999,  property  management  services  for  Taxter
Corporate Park are provided by an unaffiliated party.

Another  affiliate  of  the  Managing  General  Partner
performs  administrative functions, processes  investor
transactions  and  prepares  tax  information  for  the
Partnership.  Effective January 1, 1999, the  affiliate
reduced  its  fees for these services  because  of  the
greatly  decreased level of partnership  activity.  For
the six-month periods ended June 30, 1999 and 1998, the
Partnership incurred approximately $40,000 and $108,000
for  these  services, respectively. These  amounts  are
included in general and administrative expenses.

4.    Subsequent Event
In  July  1999, the Partnership received $ 80,000,  its
share of the balance of the escrow deposit returned  to
DWR   Chesterbrook  Associates  by  the  buyer  of  the
Chesterbrook property.
</TABLE>

<PAGE>
    DEAN WITTER REALTY INCOME PARTNERSHIP IV, L.P.

Item 2.   Management's Discussion and Analysis of
Financial                     Condition and Results of
Operations

Liquidity and Capital Resources

The   Partnership  raised  $152,218,500  in  a   public
offering of 304,437 units which was terminated in 1988.
The  Partnership  has  no  plans  to  raise  additional
capital.

The  Partnership's interest in the Taxter  property  is
the   Partnership's   sole  property   interest.    The
partnership  which  owns  the  Taxter  Corporate   Park
property (the "Taxter Partnership") has accepted a  bid
from  an  unaffiliated  third  party  to  purchase  the
property, and the parties are currently negotiating the
terms  of a purchase and sale agreement. However, there
can  be  no assurance that the Taxter property will  be
sold.

On  February  8,  1999, an affiliate  of  the  Managing
General  Partner,  as an accommodation  to  the  Taxter
Partnership, purchased the leasehold interest of KLM in
approximately 20% of the property's space.  See Note  2
to the financial statements.

Currently,  the overall vacancy levels  in  the  office
market  in  Westchester County, New York and  the  west
Westchester  sub-market in which Taxter Corporate  Park
is located are approximately 18% and 14%, respectively.
Also,  during  the three months ended  June  30,  1999,
occupancy  at the property decreased from  83%  to  76%
primarily  because Cityscape, a tenant which filed  for
bankruptcy protection in 1998, vacated approximately 9%
of    the   property's   space.    Leases   aggregating
approximately  39% of the property's  space  expire  in
2001.





<PAGE>
    DEAN WITTER REALTY INCOME PARTNERSHIP IV, L.P.

During  the six months ended June 30, 1999, the  Taxter
property  generated positive cash flow from operations,
and  it is anticipated that it will continue to  do  so
during the remainder of  1999.

The  Taxter  Partnership expects to buy the former  KLM
leasehold  interest at the time that  the  property  is
sold, using a portion of the proceeds from the sale  of
the   Taxter  property.   As  of  June  30,  1999,  the
Partnership   had  commitments  to  fund  approximately
$137,000  for  its  share  of tenant  improvements  and
leasing commissions at the Taxter property.

During   the   six-months   ended   June   30,    1999,
distributions   received from the Taxter joint  venture
exceeded  cash used in operations and contributions  to
the Taxter joint venture.

The  Partnership  did not pay any distributions  during
the  six months ended June 30, 1999.  Generally, future
cash  distributions will be paid from proceeds received
from the sale of the Taxter property and cash reserves.

Except   as   discussed  above  and  in  the  financial
statements, the Managing General Partner is  not  aware
of  any  trends or events, commitments or uncertainties
that may have a material impact on liquidity.

Operations

Fluctuations in the Partnership's operating results for
the  three- and six-month periods ended June  30,  1999
compared  to  1998  are primarily attributable  to  the
following:

Equity  in  earnings of joint ventures and general  and
administrative expenses decreased in 1999  compared  to
1998  primarily  due  to the sale of  the  Chesterbrook
Corporate Center in April 1998.

In  1999, interest and other revenues decreased due  to
interest  earned in 1998 on the proceeds from the  sale
of  the Chesterbrook property before such proceeds were
distributed to the Limited Partners.
<PAGE>
    DEAN WITTER REALTY INCOME PARTNERSHIP IV, L.P.


There  were  no other individually significant  factors
which caused changes in revenues or expenses.

Inflation

Inflation has been consistently low during the  periods
presented in the financial statements and, as a result,
has  not had a significant effect on the operations  of
the Partnership or its properties.
<PAGE>
    DEAN WITTER REALTY INCOME PARTNERSHIP IV, L.P.

PART II - OTHER INFORMATION

Item 6.   Exhibits and Reports on Form 8-K.

       a)  Exhibits.
            An exhibit index has been filed as part  of
this                Report on Page E1.

                b)   Reports on Form 8-K.
                     None.


<PAGE>
    DEAN WITTER REALTY INCOME PARTNERSHIP IV, L.P.


                      SIGNATURES

Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report
to be signed on its behalf by the undersigned thereunto
duly authorized.

                              DEAN WITTER REALTY INCOME
PARTNERSHIP IV, L.P.

                         By:   Dean Witter Realty
Fourth                             Income Properties
Inc.
                              Managing General Partner


Date:   August  12,  1999    By:        /s/E.  Davisson
Hardman, Jr.
                              E. Davisson Hardman, Jr.
                              President


Date:   August 12, 1999      By:         /s/Charles  M.
Charrow
                              Charles M. Charrow
                              Controller
                               (Principal Financial and
Accounting Officer)

<PAGE>
<TABLE>
    DEAN WITTER REALTY INCOME PARTNERSHIP IV, L.P.


             Quarter Ended June 30, 1999

                    Exhibit Index


<CAPTION>
Exhibit
  No.                       Description
<S>                  <C>
 27                  Financial Data Schedule























                          E1
</TABLE>