<TABLE> <S> <C>

<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from Krupp Realty
Fund 4 Financial Statements for the six months ended June 30, 1998 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<CASH>                                         884,894
<SECURITIES>                                         0
<RECEIVABLES>                                   17,978<F1>
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               485,088
<PP&E>                                      34,784,499<F2>
<DEPRECIATION>                            (22,637,481)<F3>
<TOTAL-ASSETS>                              13,534,978
<CURRENT-LIABILITIES>                          845,781
<BONDS>                                     17,308,668<F4>
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                   (4,619,471)<F5>
<OTHER-SE>                                           0
<TOTAL-LIABILITY-AND-EQUITY>                13,534,978
<SALES>                                              0
<TOTAL-REVENUES>                             3,688,230<F6>
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                             2,786,634<F7>
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             610,119
<INCOME-PRETAX>                                      0
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                              2,576,044<F8>
<CHANGES>                                            0
<NET-INCOME>                                 2,867,521<F9>
<EPS-PRIMARY>                                        0<F9>
<EPS-DILUTED>                                        0<F9>
<FN>
<F1>Includes all receivables grouped in "prepaid expenses and other assets" on the
Balance Sheet.
<F2>Multi-family complexes of $34,437,461 and deferred expenses of $347,038.
<F3>Accumulated depreciation of $22,412,895 and accumulated amortization of
deferred expenses of $334,586.
<F4>Represents mortgage notes payable.
<F5>Represents total deficit of the General Partners and Limited Partners of
($304,745) and ($4,314,726), respectively.
<F6>Includes all revenue of the Partnership.
<F7>Includes operating expenses of $1,539,459, real estate taxes of $367,525 and
depreciation and amortization of $879,650.
<F8>Includes gain on sale of property of $2,967,939, loss from extinguishment of
debt of ($389,523) and minority interest of ($2,372).
<F9>Net income allocated $28,675 to the General Partners and $2,838,846 to the
Limited Partners.  Average net income per Unit of Limited Partners interest is
$94.76 on 30,000 Units outstanding.
</FN>
        

</TABLE>