
<TABLE> <S> <C>

<ARTICLE> 5
<CIK> 0000761648
<NAME> CEDAR INCOME FUND, LTD.
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               SEP-30-1997
<CASH>                                         553,585
<SECURITIES>                                         0
<RECEIVABLES>                                   93,714
<ALLOWANCES>                                     7,037
<INVENTORY>                                          0
<CURRENT-ASSETS>                               892,550
<PP&E>                                      18,762,888
<DEPRECIATION>                               4,090,823
<TOTAL-ASSETS>                              16,192,021
<CURRENT-LIABILITIES>                          346,612
<BONDS>                                      1,406,272
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                     2,245,411
<OTHER-SE>                                  12,193,726
<TOTAL-LIABILITY-AND-EQUITY>                16,192,021
<SALES>                                              0
<TOTAL-REVENUES>                             1,810,774
<CGS>                                                0
<TOTAL-COSTS>                                1,070,251
<OTHER-EXPENSES>                               150,535
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             102,308
<INCOME-PRETAX>                                487,680
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            487,680
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   487,680
<EPS-PRIMARY>                                      .22
<EPS-DILUTED>                                      .22
        

</TABLE>
