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 September 30, 1996

                                    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          






<TABLE>
                        PART I - FINANCIAL INFORMATION

Item 1. Financial Statements
                                       
DEAN WITTER REALTY INCOME PARTNERSHIP IV, L.P.

                          CONSOLIDATED BALANCE SHEETS
<CAPTION>
                                           September 30,       December 31,  
                                               1996                1995      

                                       
                                    ASSETS
<S>                                      <C>                 <C>             
Cash and cash equivalents                   $  5,817,414        $  6,456,209 

Real estate:
 Land                                          7,836,072           8,004,189 
 Buildings and improvements                   79,674,587          78,767,318 
                                              87,510,659          86,771,507 
 Accumulated depreciation                     21,164,824          19,430,363 
                                              66,345,835          67,341,144 

Investments in joint ventures                 37,222,719          37,325,849 

Deferred leasing commissions, net              1,170,350           1,268,490 

Other assets                                   2,843,099           2,629,585 

    
                                            $113,399,417        $115,021,277 


                       LIABILITIES AND PARTNERS' CAPITAL


Accounts payable and accrued liabilities    $    269,634        $    213,948 

Minority interests in consolidated                                           
 joint ventures                               25,948,856          26,223,935 
                                              26,218,490          26,437,883 
Partners' capital (deficiency):                          
 General partners                             (4,798,678)         (4,658,431)
 Limited partners ($500 per Unit, 
    304,437 Units issued)                     91,979,605          93,241,825 
                                              87,180,927          88,583,394 
      
                                            $113,399,417        $115,021,277 
                                       
See accompanying notes to consolidated financial statements.
/TABLE
<PAGE>
<TABLE>
                        DEAN WITTER REALTY INCOME PARTNERSHIP IV, L.P.
                                               
                               CONSOLIDATED STATEMENTS OF INCOME

                    Three and nine months ended September 30, 1996 and 1995
                                               
<CAPTION>
                                              Three months ended          Nine months ended
                                                 September 30,                September 30,       
                                             1996          1995           1996          1995      
Revenues:
<S>                                    <C>          <C>             <C>          <C>        
  Rental                                $2,217,027   $2,096,137      $6,464,537   $6,128,400
  Equity in earnings of joint ventures     753,812      554,136       2,177,628    1,826,099
  Gain on sale of land                     161,883         -            161,883         -   
Interest and other                         101,656       90,022         239,669      275,236
                                         3,234,378    2,740,295       9,043,717    8,229,735
Expenses:
  
  Property operating                       338,937      343,625       1,042,413    1,034,433
  Depreciation                             580,186      665,143       1,734,461    1,986,935
  Amortization                              32,714       45,898          98,140      137,821
  General and administrative               147,567      143,007         446,911      431,626
                                         1,099,404    1,197,673       3,321,925    3,590,815

Income before minority interests         2,134,974    1,542,622       5,721,792    4,638,920

Minority interests                         549,874      383,657       1,416,065    1,096,222

  Net income                            $1,585,100   $1,158,965      $4,305,727   $3,542,698


Net Income allocated to:
  Limited Partners                      $1,426,590   $1,043,068      $3,875,154   $3,188,428
  General Partners                         158,510      115,897         430,573      354,270

                                        $1,585,100   $1,158,965      $4,305,727   $3,542,698

Net income per Unit of limited
  partnership interest                       $4.69        $3.43          $12.73       $10.47

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

                  CONSOLIDATED STATEMENT OF PARTNERS' CAPITAL

                     Nine months ended September 30, 1996



<CAPTION>
                                     Limited        General                   
                                     Partners       Partners         Total    
<S>                              <C>            <C>             <C>           
Partners' capital (deficiency)
  at January 1, 1996              $ 93,241,825    $(4,658,431)   $ 88,583,394 

Net income                           3,875,154        430,573       4,305,727 

Cash distributions                  (5,137,374)      (570,820)     (5,708,194)

Partners' capital (deficiency)
  at September 30, 1996           $ 91,979,605    $(4,798,678)   $ 87,180,927 



























         See accompanying notes to consolidated financial statements.
/TABLE
<PAGE>
<TABLE>
                DEAN WITTER REALTY INCOME PARTNERSHIP IV, L.P.
                     CONSOLIDATED STATEMENTS OF CASH FLOWS
                 Nine months ended September 30, 1996 and 1995
<CAPTION>
                                                    1996            1995    
<S>                                            <C>            <C>           
Cash flows from operating activities:
 Net income                                     $  4,305,727   $  3,542,698 
 Adjustments to reconcile net income to net
 cash provided by operating activities:
   Depreciation and amortization                   1,832,601      2,124,756 
   Gain from sale of land                           (161,883)         -     
   Equity in earnings of joint ventures           (2,177,628)    (1,826,099)
   Minority interests in joint ventures' operations1,416,065      1,096,222 
   Increase in operating assets:
    Other assets                                    (213,514)      (448,797)
    Deferred expenses                                   -           (87,142)
   Increase in operating liabilities:
    Accounts payable and accrued liabilities          30,686        284,769 
      Net cash provided by operating activities    5,032,054      4,686,407 

Cash flows from investing activities:
 Additions to buildings & improvements              (907,269)      (380,948)
 Proceeds from sale of land                          355,000          -     
 Investments in joint ventures                      (831,500)    (1,060,988)
 Distributions from joint ventures                 3,112,258      3,804,212 
      Net cash provided by investing activities    1,728,489      2,362,276 

Cash flows from financing activities:
 Additional investments by minority interests          399,198      204,484 
 Minority interests in joint ventures' 
   distributions                                  (2,090,342)    (1,946,655)
 Cash distributions                               (5,708,194)    (5,073,951)
      Net cash used in financing activities       (7,399,338)    (6,816,122)
        
(Decrease) increase in cash and cash equivalents    (638,795)       232,561 

Cash and cash equivalents at beginning of period   6,456,209      6,168,565 

Cash and cash equivalents at end of period      $  5,817,414   $  6,401,126 
         See accompanying notes to consolidated financial statements.
/TABLE
<PAGE>
             DEAN WITTER REALTY INCOME PARTNERSHIP IV, L.P.

               Notes to Consolidated 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 consolidated financial statements include the accounts of the
Partnership and its majority-controlled subsidiaries, Technology Park
Associates and Lake Colorado Associates, the owner of Pasadena Financial
Center.  The Partnership's interests in Taxter Corporate Park and the
partnership which owns an interest in Chesterbrook Corporate Center 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, consisting only of
normal recurring accruals, necessary to present fairly the results for
the interim periods.

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, 1995.  Operating results of
interim periods may not be indicative of the operating results for the
entire year.

2.  Real Estate

During the third quarter of 1996, the Partnership sold a narrow strip of
land adjacent to the roadway at the Tech Park property for $330,000, net
of closing costs, to Fairfax County, VA., and agreed to grant certain
easements on the Tech Park property to the County.  The carrying value
of the land sold was approximately $168,000.  The Partnership believes
that the transaction will not affect the future value of the remaining
Tech Park property.

3.  Related Party Transactions

An affiliate of the Managing General Partner provided property management
services for two properties and for five buildings at the Chesterbrook
Corporate Center as of September 30, 1996 and 1995.  The Partnership paid
the affiliate management fees of approximately $127,000 and $128,000 for
the nine months ended September 30, 1996 and 1995, respectively.  These
amounts are included in property operating expenses.

Another affiliate of the Managing General Partner performs administrative
functions, processes investor transactions and prepares tax information
for the Partnership.  For each of the nine-month periods ended September
30, 1996 and 1995, the Partnership incurred approximately $302,000 for
these services.  These amounts are included in general and administrative
expenses.

As of September 30, 1996, the affiliates were owed approximately $48,000
for these services.

4.  Litigation 

Various public partnerships sponsored by Dean Witter Realty Inc. (including 
the Partnership and its Managing General Partner) are defendants in a
consolidated class action lawsuit pending in state court.  The complaint
alleges breach of fiduciary duty and seeks compensatory damages and
equitable relief.  The defendants intend to vigorously defend the action. 
It is impossible to predict the effect, if any, the outcome of this
action might have on the Partnership's financial statements.

5.  Subsequent Event
    
On October 29, 1996, the Partnership paid a cash distribution of $6.875
per Unit to the Limited Partners.  The total cash distribution amounted
to $2,325,560, with $2,093,004 distributed to the Limited Partners and
$232,556 to the General Partners.<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 has made four investments in partnerships which own
interests in properties, on an all-cash basis.  The Partnership's
acquisition program has been completed.  No additional investments are
planned.

Many real estate markets are stabilizing, primarily due to the continued
absence of significant construction activity.  However, in 1996, vacancy
in the overall office market in Westchester County, New York (the
location of Taxter Corporate Park) is approximately 24%.  Office vacancy
levels in Pasadena, California (the location of Pasadena Financial
Center) remain essentially unchanged at approximately 15%.  Although
vacancy in the office market in suburban Philadelphia (the location of
Chesterbrook Corporate Center) increased to approximately 16%, this
market is expected to improve and demand for quality space is expected
to increase.  In most markets, office construction is limited to build-
to-suit projects.  The Managing General Partner currently plans to offer
for sale Tech Park Reston and Pasadena Financial Center during the fourth
quarter of 1996, with the objective of completing sales of all of the
Partnership's properties by 1998.  However, there can be no assurance
that all properties will be sold.

The Partnership's liquidity depends upon cash flow from operations of its
properties (including those in which it is an equity investor) and
expenditures for building improvements and tenant improvements and
leasing commissions in connection with the leasing of vacant space.  In
addition, the Partnership's liquidity will be affected by any sale of
Partnership properties.  During the nine months ended September 30, 1996,
all of the Partnership's property investments generated positive cash
flow from operations, and it is anticipated that they will continue to
do so.

During the nine months ended September 30, 1996, distributions to
investors, capital expenditures and contributions to joint ventures
exceeded cash flow from operations and distributions from joint ventures.

Pasadena Financial Center has experienced non-critical damage to the
exterior walls.  At September 30, 1996, the repair work was substantially
completed; the Partnership's share of the remaining costs to be paid is
approximately $167,000.  The partnership which owns the property does not
expect to be able to recover the repair costs through insurance; in 1994,
it initiated a lawsuit against the original building contractor and
architect to seek recovery of these costs.

As of September 30, 1996, the Partnership also has commitments to fund
approximately $806,000 for its share of capital expenditures, primarily
at the Chesterbrook joint venture.

During the nine months ended September 30, 1996, the Partnership incurred
capital expenditures of $507,000 (net of contributions by the minority
interest) primarily for building improvements at Pasadena Financial
Center, and contributed approximately $832,000, its share of capital
expenditures needed to re-lease a significant portion of vacant space,
to the Chesterbrook joint venture.

The Partnership expects that cash flow from the Taxter joint venture will
decrease in 1996 by approximately $485,000 (most of which occured in the
second and third quarters) because the extension of the lease with Fuji
Photo USA Inc. (for approximately 25% of the property's space) provided
for six months of free rent beginning April 1, 1996 and reduced rent
during the remaining term of the extension.

Based on an assessment of the projected cash flow from operations of the
Partnership's properties and anticipated future cash needs, the
Partnership has determined that it can utilize a portion of its existing
cash reserves to fund capital expenditures and to increase distributions. 
Accordingly, the Partnership increased its quarterly distribution rate
from $5.00 per unit (4% annual distribution rate) to $6.875 per unit
(5.5% annual distribution rate) beginning with the 1996 second quarter
distribution paid July 30, 1996.

The joint venture which owns Tech Park Reston is discussing with Sprint
Communications, the property's sole tenant, a possible sale of the
property.  At present, the outcome of these discussions is uncertain.

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

On October 29, 1996, the Partnership paid the third quarter distribution
of $6.875 per Unit to the Limited Partners.  The total cash distribution
amounted to $2,325,560, with $2,093,004 distributed to the Limited
Partners and $232,556 to the General Partners.

Operations

Fluctuations in the Partnership's operating results for the three- and
nine-months ended September 30, 1996 compared to 1995 are primarily
attributable to the following:
Rental income increased primarily due to increased occupancy at Pasadena
Financial Center. 

Equity in earnings of joint ventures increased primarily due to lower
depreciation charges from the Chestbrook joint venture (due to the
writedown of the property in the fourth quarter of 1995), partially
offset by lower rental income recognized at the Taxter joint venture.

Depreciation and amortization expenses decreased primarily due to the
writedown of Pasadena Financial Center in the fourth quarter of 1995.

A summary of the markets in which the Partnership's office properties are
located and the performance of each property is as follows:

Although the current vacancy rate in Valley Forge, Pennsylvania, the
location of Chesterbrook Corporate Center, is approximately 16%, it is
an improving market with increasing demand.  During the third quarter of
1996, occupancy at the property increased to 97%, and the joint venture
which owns the property has been able to increase rental rates on new
leases.  No leases for a significant amount of space expire before 1998.

The overall vacancy level in the office market in Westchester County, New
York, the location of Taxter Corporate Park, has recently increased to
24%, and the west Westchester market in which the building is located is
approximately 15% vacant.  It is unlikely that the vacant space will be
absorbed in the market for several years.  However, during the third
quarter of 1996, occupancy at the property remained at 99%.  Leases
aggregating approximately 12% of the space are scheduled to expire in
1997.
   
The Reston market in Virginia, the location of Tech Park Reston, has a
vacancy rate of approximately 10%.  The leases with Sprint
Communications, which occupies 100% of the space, expire in 2003. Sprint
has the option to terminate its leases on approximately 96% of the
property's space beginning in 1997 and 1998.  As discussed above, the
joint venture which owns the property is discussing the sale of the
property with Sprint.

In Pasadena, California, the location of Pasadena Financial Center, the
office market vacancy rate is approximately 15%.  However, during the
third quarter of 1996, occupancy at the property remained at 100%. 
Approximately 9% of the property's space is being leased to Countrywide
Credit Inc. on a month-to-month basis.  Other leases on approximately 17%
of the space occupied by other tenants are scheduled to expire in 1997.

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.

PART II - OTHER INFORMATION

Item 1.  Legal Proceedings.

The following developments have occurred since the filing of the
Partnership's most recent quarterly report on Form 10-Q with respect to
the purported class actions filed against the Partnership.

The Schechtman Action, the Dosky Action and the Segal Action have been
consolidated in a single action (the "Consolidated Action") in the
Delaware Court of Chancery for New Castle County.  The plaintiffs in the
Young Action and the Grigsby Action have joined the Consolidated Action. 
The Grigsby Action remains stayed indefinitely subject to being reopened
for good cause.

On October 7, 1996, the plaintiffs in the Consolidated Action filed a
First Consolidated and Amended Class Action Complaint naming various
public real estate partnerships sponsored by Dean Witter Realty  Inc.
("Realty") (including the Partnership and its Managing General Partner),
Realty, Dean Witter, Discover & Co., Dean Witter Reynolds Inc. and others
as defendants.  This complaint alleges breach of fiduciary duty and seeks
an accounting of profits, compensatory damages in an unspecified amount,
possible liquidation of the Partnership under a receiver's supervision
and other equitable relief.  The defendants have not yet responded to
this complaint and intend to vigorously defend the action.

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>
                     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:  November 14, 1996        By:     /s/E. Davisson Hardman, Jr.    
                                        E. Davisson Hardman, Jr.
                                        President


Date:  November 14, 1996        By:     /s/Lawrence Volpe              
                                        Lawrence Volpe    
                                        Controller                  
                                        (Principal Financial and
                                         Accounting Officer)

<PAGE>
                   Quarter Ended September 30, 1996


                              Exhibit Index



               Exhibit                            
                 No.                     Description

                 27                Financial Data Schedule





































                                   E1