WITTER DEAN REALTY INCOME PARTNERSHIP I LP
8-K, 1996-04-16
REAL ESTATE
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                    SECURITIES AND EXCHANGE COMMISSION

                          Washington, D.C.  20549


                                             


                                 FORM 8-K


                              CURRENT REPORT


                      Pursuant to Section 13 or 15(d)
                  of the Securities Exchange Act of 1934


                                             


Date of Report (Date of earliest event reported) April 15, 1996            


               DEAN WITTER REALTY INCOME PARTNERSHIP I, L.P.
          (Exact name of registrant as specified in its charter)


          Delaware                    0-13260                13-3174553    
(State or other jurisdiction        (Commission          (I.R.S. Employer  
    of incorporation)               File Number)        Identification No.)


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


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


                                                                             
       (Former name or former address, if changed since last report)


                                                                             

<PAGE>
Item 5.  Other Events

Valuation per Unit of Limited Partnership Interest
     
     The Managing General Partner of the Partnership has estimated the
value per Unit of limited partnership interest at October 31, 1995 to be
$439.  This value was based on appraisals of the Partnership's real estate
properties by Cushman & Wakefield, an independent appraisal firm, with
adjustments by the Managing General Partner for other Partnership assets and
liabilities.  The values of the properties do not necessarily reflect the
amounts which could be obtained upon an immediate liquidation of the
properties.  The value per Unit does not represent the market price for the
Units.  In the limited market for resale of Partnership Units, a seller
would most likely receive a discount to the $439 value upon sale of the
Unit.



                                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 hereunto duly authorized.


                            DEAN WITTER REALTY INCOME PARTNERSHIP I, L.P.

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


                       By:  /s/E. Davisson Hardman, Jr.          
                            E. Davisson Hardman, Jr.
                            President                   
                                                



Date:  April 15, 1996




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