<TABLE> <S> <C>
<PAGE>
<ARTICLE> 5
<LEGEND>
The schedule contains summary financial information extracted form Winthrop
Residential Associates III, A Limited Partnership and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<CASH> 2,792,000
<SECURITIES> 0
<RECEIVABLES> 0
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 0
<PP&E> 5,128,000
<DEPRECIATION> (3,167,000)
<TOTAL-ASSETS> 4,932,000
<CURRENT-LIABILITIES> 0
<BONDS> 2,444,000
0
0
<COMMON> 0
<OTHER-SE> 2,154,000
<TOTAL-LIABILITY-AND-EQUITY> 4,932,000
<SALES> 0
<TOTAL-REVENUES> 1,180,000
<CGS> 0
<TOTAL-COSTS> 448,000
<OTHER-EXPENSES> 0
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 99,000
<INCOME-PRETAX> 644,000
<INCOME-TAX> 0
<INCOME-CONTINUING> 644,000
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 644,000
<EPS-BASIC> 23.84
<EPS-DILUTED> 23.84
</TABLE>