FORM 4-- Check this box if no longer
subject to Section 16. Form 4 or
Form 5 obligations may continue.
See Instruction 1(b).
OMB APPROVAL
OMB Number 3235-0287
Expires: September 30, 1998
Estimated average burden
hours per response. . . . . . 0.5
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of
1934, Section 17(a) of the Public Utility Holding Company Act of
1935 or Section 30(f) of the Investment Company Act of 1940
(Print or Type Responses)
1. Name and Address of Reporting Person*
Keierleber, Jeffrey L.
c/o Decade Companies
250 Patrick Boulevard
Brookfield WI 53045
2. Issuer Name and Ticker or Trading Symbol
Decade Companies Income Properties--A Limited Partnership (no
ticker or trading symbol)
3. IRS or Social Security
Number of Reporting
Person (Voluntary)
4. Statement for Month/Year
April 1997
5. If Amendment, Date of Original
(Month/Year)
6. Relationship of Reporting Persons to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give X Other (specify
title below) below)
Individual General Partner of General Partner of
Decade Companies Income Properties--A Limited
Partnership
7. Individual or Joint/Group Filing (Check
Applicable Line)
__X__ Form filed by One Reporting Person
_____ Form filed by More than One
Reporting Person
<PAGE>
<TABLE>
<CAPTION>
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Trans- Trans- Securities Amount of Ownership Nature of
action action Acquired (A) Securities Form: Indirect
Date Code or Disposed (D) Beneficially Direct (D) Beneficial
(Month/ (Instr. 3, 4. and 5) Owned at or Ownership
Title of Security (Instr. 3) Day/Year) End of Month Indirect (I)
Code V Amount (A) or (D) Price
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Limited Partner Interests 4/4/97 P - 486 A $605.00 1,278.61 D
Limited Partner Interests 4/11/97 P - 67.04 A $605.00 7 I By Decade
Proper-
ties, Inc.
Limited Partner Interests 4/14/97 P - 149.42 A $605.00
Limited Partner Interests 4/16/97 P - 32.99 A $592.50
Limited Partner Interests 4/18/97 P - 147.00 A $592.50
Limited Partner Interests 4/23/97 P - 13.45 A $592.50
Limited Partner Interests 4/24/97 P - 6.16 A $592.50
Limited Partner Interests 4/25/97 P - 152.01 A $592.50
</TABLE>
<TABLE>
<CAPTION>
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options,
convertible securities)
Title of Conversion Trans- Trans- Number Date Exer- Title and Price of Number of Ownership Nature of
Deriva- or Exercise action action of Deriv- cisable Amount of Deriva- Deriva- Form of Indirect
tive Price of Date Code tive and Expira- Underlying tive tive Deriva- Benefi-
Security Derivative (Month/ (Instr. Securi- tion Date Securities Securi- Securi- tive Sec- cial
(Instr. 3) Security Day/ 8) ties (Month/Day/ (Instr. 3 ty ties urity Owner-
Year) Acquired Year) and 4) (Instr. Benefi- Direct ship
(A) or 5) cially (D) or (Instr.
Disposed Owned at Indirect 4)
of (D) End of (I)
(Instr. Month (Instr.
3, 4 and (Instr. 4)
5) 4)
Code V (A) (D) Date Expira- Title Amount
Exer- tion or
cisable Date Number
of
Shares
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
None
Explanation of Responses:
</TABLE>
<PAGE>
** Intentional misstatements or omissions of facts constitute
Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C.
78ff(a).
Note: File three copies of this Form, one of which must be
manually signed. If space is insufficient, see Instruction 6 for
procedure.
Potential persons who are to respond to the collection of
information contained in this form are not required to respond
unless the form displays a currently valid OMB Number.
/s/ Jeffery L. Keierleber
** Signature of Reporting Person
Jeffery L. Keierleber
May 9, 1997
Date