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

                  FORM 10-Q

(Mark One)

     QUARTERLY REPORT PURSUANT TO SECTION 13
     OR 15(d) OF THE SECURITIES EXCHANGE ACT
     OF 1934

For the quarterly period ended    September
30, 1997                              

                     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          2-68727      
 


           Krupp Associates 1980-1


          Massachusetts                      
          04-2708956
(State or other jurisdiction of              
            (IRS employer
incorporation or organization)               
        identification no.)

470 Atlantic Avenue, Boston, Massachusetts   
                   02210
(Address of principal executive offices)     
                       (Zip Code)


               (617) 423-2233
  (Registrant's telephone number, including
area code)



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      

The total number of pages in this document is
10.
<PAGE>
       PART I.  FINANCIAL INFORMATION

Item 1.  FINANCIAL STATEMENTS

This Form 10-Q contains forward-looking
statements within the meaning of Section 27A
of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. 
Actual results could differ materially from
those projected in the forward-looking
statements as a result of a number of factors,
including those identified herein.

              KRUPP ASSOCIATES 1980-1 AND SUBSIDIARY

                    CONSOLIDATED BALANCE SHEETS
<TABLE>
<CAPTION>
                                       

                              ASSETS

                                        September 30,December 31,
                                             1997        1996   

<S>                                     <C>         <C>
Multi-family apartment complex, net of
  accumulated depreciation of $0                        
  and $2,730,441, respectively (Note 2) $      -    $ 2,093,819 
Cash and cash equivalents                 1,296,259      75,012 
Cash restricted for tenant security deposits 41,579      38,004 
Replacement reserve escrow                   41,251      49,030
Prepaid expenses and other assets             5,514      86,267 
Deferred expenses, net of accumulated
  amortization of $0 and $37,355,
  respectively                                 -        109,270

     Total assets                       $ 1,384,603 $ 2,451,402


                 LIABILITIES AND PARTNERS' DEFICIT

Liabilities:
  Mortgage note payable (Note 2)        $      -    $ 2,215,574 
  Notes payable to affiliates (Note 3)  1,167,998     1,257,385 
  Accounts payable                         74,436        93,704 
  Accrued expenses and other liabilities  142,169       242,244 
  Accrued interest due to affiliates (Note 5)      -    637,842

     Total liabilities                    1,384,603   4,446,749
 
Partners' deficit (Note 4):
  Class A Limited Partners              
     (4,000 Units outstanding)                -        (272,656)
  Original Limited Partner                    -        (436,216)
  General Partners                            -      (1,286,475)

     Total Partners' deficit                  -      (1,995,347)

Total liabilities and Partners' deficit $ 1,384,603 $ 2,451,402
  
</TABLE>






              The accompanying notes are an integral
          part of the consolidated financial statements.
<PAGE>
               KRUPP ASSOCIATES 1980-1 AND SUBSIDIARY 

                CONSOLIDATED STATEMENTS OF OPERATIONS
                                        
<TABLE>
<CAPTION>
                      For the Three Months      For the Nine Months
                       Ended September 30,      Ended September 30,
                             1997      1996      1997      1996  
  <S>                     <C>        <C>       <C>       <C>
Revenue:
  Rental                  $ 173,929  $275,187  $ 710,747 $831,260
  Other income                4,156       608      6,541    1,884

     Total revenue          178,085   275,795    717,288  833,144

Expenses:                            
  Operating                  90,434    97,929    285,503  292,640
  Maintenance                14,141    29,953     61,195   59,552
  Real estate taxes         137,547    32,683    202,727  102,384
  Management fees (Note 5)   9,515       -        36,282     - 
  General and administrative19,405      8,664     41,378   28,264 
  Depreciation and 
     amortization           140,592    46,691    231,896  136,009  
  Interest (Note 5)          70,979    90,833    251,967  272,436
  
     Total expenses         482,613   306,753  1,110,948  891,285

  Loss before extinguishment
     of debt and gain on sale
      of property          (304,528)  (30,958)  (393,660) (58,141)

  Extinguishment of debt
     (Note 3)               817,080      -       817,080     -   

  Gain on sale of property
     (Note 2)             1,571,927      -     1,571,927    -   

Net income (loss)         $2,084,479 $(30,958)$1,995,347 $(58,141)
  
Allocation of loss before
  extinguishment of debt
  and gain on sale of 
  property (Note 4):

  Class A Limited Partners$ (274,075)$(27,862) $ (354,294)$(52,327)

  Class A Limited Partners
     Per Unit (4,000 Units
     outstanding)         $   (68.55)$  (6.96)$   (88.57)$ (13.08)

  Original Limited Partner$  (27,407)$ (2,787)$  (35,429)$ (5,233)
   
  General Partners        $   (3,046)$   (309)$   (3,937)$   (581)

Allocation of extinguishment 
 of debt and gain on sale of property 
  (Note 4):

  Class A Limited Partners$  626,950 $   -    $  626,950$   -   

  Class A Limited Partners
     Per Unit (4,000 Units
     outstanding)         $   156.74 $   -    $   156.74$   -   

  Original Limited Partner$  471,645 $   -    $  471,645$   -   
   
  General Partners        $1,290,412 $   -    $1,290,412$   -   
</TABLE>

The accompanying notes are an integral
part of the consolidated financial statements.
             KRUPP ASSOCIATES 1980-1 AND SUBSIDIARY

              CONSOLIDATED STATEMENTS OF CASH FLOWS
                                      
<TABLE>
<CAPTION>

                                              For the Nine Months
                                              Ended September 30, 

                                              1997         1996  


  <S>                                      <C>          <C>
Operating activities:                                
  Net income (loss)                        $1,995,347   $ (58,141)
  Adjustments to reconcile net income (loss)
     to net cash provided by (used in)               
     operating activities:
       Depreciation and amortization           231,896    136,009
       Interest earned on replacement reserve
          escrow                                  (230)      -
       Gain on sale of property            (1,571,927)       -
       Extinguishment of debt                (817,080)       -
       Changes in assets and liabilities:
          Decrease (increase) in cash restricted 
            for tenant security deposits       (3,575)      2,457
          Decrease (increase) in prepaid expenses
            and other assets                    7,984     (54,924)
          Decrease in accounts payable        (17,100)    (59,362)
          Increase (decrease) in accrued 
            expenses and other liabilities   (100,075)     48,943
          Increase in interest due to 
             affiliates                        89,851      88,794
          Releases from real estate tax and 
            insurance escrows due to sale of 
            property                           72,769        -   

            Net cash provided by (used in)
               operating activities          (112,140)    103,776

Investing activities:
  Additions to fixed assets                   (59,562)    (58,575)
  Increase (decrease) in accounts payable
     related to fixed asset additions          (2,168)      1,213
  Deposits to replacement reserve escrow      (28,254)    (36,326)
  Withdrawals from replacement reserve escrow  36,263      27,168
  Proceeds from sale of property, net       3,602,682        -   

            Net cash provided by (used in)
               investing activities         3,548,961     (66,520)

Financing activities:
  Principal payments on mortgage note payable (9,779)     (11,424)
  Repayment of mortgage note payable       (2,205,795)       -   
  
            Net cash used in financing
               activities                  (2,215,574)    (11,424)
     
Net increase in cash and equivalents        1,221,247      25,832

Cash and cash equivalents, beginning of period 75,012   11,153

Cash and cash equivalents, end of period   $1,296,259   $  36,985
                                                  
</TABLE>





The accompanying notes are an integral
         part of the consolidated financial statements.
<PAGE>
             KRUPP ASSOCIATES 1980-1 AND SUBSIDIARY

           NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                     


(1)Accounting Policies

Certain information and footnote disclosures
normally included in financial statements
prepared in accordance with generally accepted
accounting principles have been condensed or
omitted in this report on Form 10-Q pursuant
to the Rules and Regulations of the Securities
and Exchange Commission.  In the opinion of
the General Partners of Krupp Associates 1980-
1 and Subsidiary (the "Partnership"), the
disclosures contained in this report are
adequate to make the information presented not
misleading.  See Notes to Consolidated
Financial Statements included in the
Partnership's Annual Report on Form 10-K for
the year ended December 31, 1996 for
additional information relevant to significant
accounting policies followed by the
Partnership.

In the opinion of the General Partners of the
Partnership, the accompanying unaudited
consolidated financial statements reflect all
adjustments  necessary to present fairly the
Partnership's consolidated financial position
as of September 30, 1997, its results of
operations for the three and nine months ended
September 30, 1997 and 1996, and its cash
flows for the nine months ended September 30,
1997 and 1996.  Certain prior year balances
have been reclassified to conform with current
year consolidated financial statement
presentation.

The results of operations for the three and
nine months ended September 30, 1997 are not
necessarily indicative of the results which
may be expected for the full year.  See
Management's Discussion and Analysis of
Financial Condition and Results of Operations
included in this report.

The Partnership sold its remaining real estate 
asset on August 28, 1997 and is the process of
liquidating its assets and settling its liabilities.
Based on the Partnership's financial position after 
the sale of Riverside, the Partnership expects to be
released from certain obligations in excess of its
available assets.  Consequently, the Partnership has
presented its consolidated balance sheet as of 
September 30, 1997 on the liquidation basis of accounting.  
This basis is different from the historical basis of 
accounting used in the preparation of the Partnership's 
consolidated balance sheet as of December 31, 1996. 
As a result comparisons between the September 30, 1997 and 
December 31, 1996 consolidated balance sheets would not be meaningful.

(2)Disposition of Property

On August 28, 1997, the Partnership sold
Riverside I Apartments ("Riverside"), a 140-
unit multi-family apartment complex with
approximately 30,000 square feet of commercial
retail space, located in Evansville, Indiana,
to an unaffiliated third party for a sales
price of $3,750,000.  Proceeds from the sale,
net of closing costs of $147,318, were used to
repay the outstanding principal on the
mortgage note payable of $2,205,795.  The
remaining proceeds will be applied toward
other Partnership liabilities, including
partial payment of affiliated debt.  The
property had a net book value of $2,030,755
which resulted in a gain of   $1,571,927 for
financial reporting purposes. 
                              
(3)Notes Payable
                              
The Partnership had demand notes outstanding
with the General Partners and and affiliate of
the General Partners at August 28, 1997 and
December 31, 1996, totaling $1,257,385. 
Interest was accrued monthly at the prime rate
of an unaffiliated bank (8.5% at September 30,
1997) plus one percent per annum.

As discussed in Note 1, the Partnership
adopted the liquidation basis of accounting
as of September 30, 1997.  Accordingly,
the Partnership expects to be released from 
approximately $817,080 of obligations with 
respect to the affiliated demand notes payable.  
The Partnership recorded a gain on
extinguishment of debt of $817,080 which was
equivalent to the estimated releases.




Continued
KRUPP ASSOCIATES 1980-1 AND SUBSIDIARY

              NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
                                        
   

(4)Summary of Changes in Partners' Deficit

   A summary of changes in Partners' deficit for the nine months
   ended September 30, 1997 is as follows:
<TABLE>
<CAPTION>
                    Class A       Original               Total
                    Limited       Limited    General     Partners'
                   Partners       Partner    Partners   Deficit  

   <S>                <C>        <C>       <C>         <C>
   Balance at
   December 31, 1996  $ (272,656)$(436,216)$(1,286,475)$(1,995,347)

Loss before gain on 
sale of property        (354,294)  (35,429)     (3,937)   (393,660)

   Allocation of             
   extinguishment of debt
   and gain on sale of property 
                        626,950   471,645   1,290,412  2,389,007

   Balance at 
   September 30, 1997$     -     $     -    $     -    $     -   
 
</TABLE>

The Partnership allocated the gain on sale of
property in accordance with the Partnership
Agreement.  Pursuant to the Partnership
Agreement, profits from Terminating Capital
Transactions are allocated, without preference
over any class of Partners, first to each
class equal to the excess of aggregate losses
and distributions over aggregate profits and
capital contributions to the respective
capital accounts.

(5)Related Party Transactions

The Partnership paid property management fees
to an affiliate of the General Partners for
management services. Pursuant to the
management agreement, management fees were
payable monthly at a rate of 5% of the gross
receipts from the property under management. 
The management agreement was sold to BRI OP
Limited Partnership, a subsidiary            
of Berkshire Realty Company Inc., a publicly
traded real estate investment trust and an
affiliate of the General Partners, on February
28, 1997.  The Partnership also reimbursed
affiliates of the General Partners for certain
expenses incurred in connection with the
operation of the Partnership and its property
including administrative expenses.  From 1991
through 1996, the General Partners arranged
with the management agent for the annual
waivers of management fees and expense
reimbursements.For the three and nine months
ended September 30, 1996, management fee and
expense waivers totaled approximately $21,000
and $64,000, respectively.  As a result of the
sale of the management agreement, monthly
payments of management fees were reinstituted
in 1997.  Property management fees paid to an
affiliate of the General Partners were $9,515
and $36,282 for the three and nine months
ended September 30, 1997, respectively.

Interest accrued on borrowings from the
General Partners or their affiliates was
$30,527 and $89,851 for the three and nine
months ended September 30, 1997, respectively,
and $29,723 and $88,794 for the three and nine
months ended September 30, 1996, respectively.




   KRUPP ASSOCIATES 1980-1 AND SUBSIDIARY
                           



Item 2.      MANAGEMENT'S DISCUSSION AND
             ANALYSIS OF FINANCIAL CONDITION
             AND RESULTS OF OPERATIONS

This Management's Discussion and Analysis of
Financial Condition and Results of Operations
contains forward-looking statements including
those concerning Management's expectations
regarding the future financial performance and
future events.  These forward-looking
statements involve significant risk and
uncertainties, including those described
herein.  Actual results may differ materially
from those anticipated by such forward-looking
statements.

Liquidity and Capital Resources

The Partnership's ability to generate cash
adequate to meet its needs has been dependent
primarily upon the operating performance of
Riverside I Apartments ("Riverside").  Such
ability is also dependent upon the sale of the
asset.  These sources of liquidity could be
used by the Partnership for payment of
expenses related to real estate operations,
debt service and expenses.  Cash Flow and
Terminating Capital Transaction Proceeds, if
any, as calculated under Section 8.2(a) ("Cash
Flow") and 8.1(c) of the Partnership Agreement
would then be available for distribution to
the Partners.  The Partnership has
discontinued distributions due to insufficient
operating Cash Flow.  

The Partnership has experienced cash flow
deficiencies for several years as a result of
consecutive years of net losses and capital
improvements in prior years.  These losses are
a result of depressed market conditions which
hindered the Partnership's ability to increase
rental rates as required to support the
operating expenses, capital improvements and
debt service.  Consequently, the General
Partners closely monitored all expenditures
and completed capital improvements at the
property on an as-needed basis only.  The
General Partners arranged financing through
borrowings from an affiliate of the General
Partners to cover a substantial portion of the
cash flow deficiencies.  Also, one of the
General Partners, The Krupp Company Limited
Partnership ("The Krupp Company"), contributed
an additional $100,000 to the Partnership
during 1991.  In January 1993, The Krupp
Company loaned an additional $135,000 to the
Partnership in the form of a demand note to
payoff a demand note from an unaffiliated
bank.  In addition, the affiliate lender has
been willing to defer interest payments on the
borrowings since late 1990.  Furthermore, the
General Partners, through annual negotiations
from 1991 through 1996, have arranged for the
waiver of property management fees and expense
reimbursements payable to the management
agent, also an affiliate of the General
Partners.  Monthly payments of management fees
were reinstituted in 1997 as a result of the
sale of the property management contract to an
affiliate of the General Partners.

On August 28, 1997, the Partnership sold
Riverside for a sales price of $3,750,000. 
Proceeds from the sale, net of closing costs
of $147,318, were used to repay the existing
mortgage note on the property of $2,205,795. 
The remaining proceeds will be applied toward
other Partnership liabilities, including
partial payment of affiliated debt. 
Consequently, there will be no funds available
to investors for distribution.   For financial
reporting purposes, the Partnership realized a
gain of $1,462,466 on the sale.  The gain was
calculated as the difference between net
consideration received, less net book value of
the property.  As a result of the sale of the
Partnership's only real estate asset, the
Partnership will be liquidated.





Continued
<PAGE>
   KRUPP ASSOCIATES 1980-1 AND SUBSIDIARY
                           


Operations

Net loss, before the gain on the sale of
property and extinguishment of debt,
increased for the three and nine
months ended September 30, 1997 when compared
to the same periods in 1996, as total revenue
decreased and total expenses increased.  The
decrease in revenue is directly related to the
sale of Riverside Apartments in the third
quarter of 1997.

Total expenses, increased for the three and
nine months ended September 30, 1997 as
compared to the same periods in 1996, due to
increases in management fees, real estate
taxes and depreciation and amortization expense.  
Monthly payments of management fees were 
reinstituted in 1997 as a result of the
sale of the property management contract to an
affiliate of the General Partners.  The
increase in real estate taxes is due to a
reassessment of prior years' taxes billed in
the third quarter of 1997. Depreciation and
amortization increased due to the acceleration
of deferred mortgage costs due to the
repayment of the mortgage note from the sales
proceeds.



   KRUPP ASSOCIATES 1980 -1 AND SUBSIDIARY

<PAGE>
         PART II - OTHER INFORMATION
                            



Item 1.Legal Proceedings
Response:  None

Item 2.Changes in Securities
Response:  None

Item 3.Defaults upon Senior Securities
Response:  None

Item 4.Submission of Matters to a Vote of
Security Holders
Response:  None

Item 5.Other Information
Response:  None

Item 6.Exhibits and Reports on Form 8-K
  (a)        Exhibits
   Response: None

(b)   Reports on Form 8-K
 Date    Event Reported       Financial
Statements Filed

August 28, Disposition of Riverside I Pro
Forma Consolidated Balance 1997 Apartments 
Sheet at June 30, 1997.
                                  
Pro Forma Consolidated Statements of
Operations for  the six months ended June 30,
1997 and for the year ended December 31, 1996.
























<PAGE>



                  SIGNATURE


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.



Krupp Associates 1980-1
                                        
(Registrant)

BY:/s/Wayne H. Zarozny                  
Wayne H. Zarozny 
Treasurer and Chief Accounting Officer of The
Krupp Corporation, a General Partner.




DATE: November 14, 1997