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Supplement No. 4
T. Rowe Price Realty Income Fund IV,
America s Sales-Commission-Free
Real Estate Limited Partnership
Supplement Dated February 23, 1996
to Prospectus Dated February 20, 1992, as supplemented
by Supplements Dated February 10, 1993,
February 15, 1994 and February 20, 1995.
REALTY FUND REINVESTMENT PLAN
As of the date of this Supplement, the per-unit price for Units
purchased through the Realty Fund Reinvestment Plan is $31, effective
for reinvestments commencing with the distribution for the quarter
ending March 31, 1996.
