<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
The schedule contains summary financial information extracted from the balance
sheet and statement of income and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<CIK> 0000832091
<NAME> KRUPP INSURED PLUS-III LIMITED PARTNERSHIP
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Dec-31-2000
<PERIOD-END> Jun-30-2000
<CASH> 2,033,605
<SECURITIES> 47,300,452<F1>
<RECEIVABLES> 241,186
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 475,161<F2>
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 50,050,404
<CURRENT-LIABILITIES> 9,774
<BONDS> 0
0
0
<COMMON> 50,059,094<F3>
<OTHER-SE> (18,464)<F4>
<TOTAL-LIABILITY-AND-EQUITY> 50,050,404
<SALES> 0
<TOTAL-REVENUES> 2,015,403<F5>
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 507,638<F6>
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 1,507,765
<INCOME-TAX> 0
<INCOME-CONTINUING> 1,507,765
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 1,507,765
<EPS-BASIC> 0<F7>
<EPS-DILUTED> 0<F7>
<FN>
<F1>Includes Participating Insured Mortgages ("PIMs") of $34,678,835 and
Mortgage-Backed Securities ("MBS") of $12,621,617.
<F2>Includes prepaid acquisition fees and expenses of $2,921,471 net of
accumulated amortization of $2,575,935 and prepaid participation
servicing fees of $888,187 net of accumulated amortization of $758,562.
<F3>Represents total equity of General Partners and Limited Partners.
General Partners deficit of ($202,896) and Limited Partners equity of
$50,261,990.
<F4>Unrealized loss on MBS.
<F5>Represents interest income on investments in mortgages and cash.
<F6>Includes $190,035 of amortization of prepaid fees and expenses.
<F7>Net income allocated $45,233 to the General Partners and $1,462,532 to
the Limited Partners. Average net income per Limited Partner interest is
$.11 on 12,770,261 Limited Partner interests outstanding.
</FN>
</TABLE>
