<PAGE> 1
                     SECURITIES AND EXCHANGE COMMISSION
                          WASHINGTON, D.C. 20549

                                 FORM 10-K/A

          [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                SECURITIES EXCHANGE ACT OF 1934 [FEE REQUIRED]

                  FOR THE FISCAL YEAR ENDED DECEMBER 31, 1996

          [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
              THE SECURITIES EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

         FOR THE TRANSITION PERIOD FROM---------------------- TO--------------

                        COMMISSION FILE NUMBER 1-13462

                           STORAGE TRUST REALTY
              (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

             MARYLAND                                  43-1689825
    STATE OR OTHER JURISDICTION           (I.R.S. EMPLOYER IDENTIFICATION NO.)
   OF INCORPORATION OR ORGANIZATION

        2407 RANGELINE STREET                             65202
         COLUMBIA, MISSOURI                             (ZIP CODE)
 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)

           REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (573) 499-4799

              SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:

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<CAPTION>
             TITLE OF EACH CLASS              NAME OF EACH EXCHANGE ON WHICH REGISTERED
             -------------------              -----------------------------------------
<S>                                                   <C>
   COMMON SHARES OF BENEFICIAL INTEREST,              NEW YORK STOCK EXCHANGE
   $.01 PAR VALUE (THE "COMMON SHARES")
</TABLE>

SECURITIES REGISTERED PURSUANT TO SECTION 12(G) OF THE ACT:  NONE

INDICATE BY CHECK MARK WHETHER THE REGISTRANT (1) HAS FILED ALL
REPORTS REQUIRED TO BE FILED BY SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934 DURING THE PRECEDING 12 MONTHS
(OR FOR SUCH SHORTER PERIOD THAT THE REGISTRANT WAS REQUIRED TO
FILE SUCH REPORTS), AND (2) HAS BEEN SUBJECT TO SUCH FILING
REQUIREMENTS FOR THE PAST 90 DAYS.  YES  X     NO
                                       ----      ----
INDICATE BY CHECK MARK IF DISCLOSURE OF DELINQUENT FILERS
PURSUANT TO ITEM 405 OF REGULATION S-K IS NOT CONTAINED HEREIN,
AND WILL NOT BE CONTAINED, TO THE BEST OF REGISTRANT'S KNOWLEDGE,
IN DEFINITIVE PROXY OR INFORMATION STATEMENTS INCORPORATED BY
REFERENCE IN PART III OF THIS FORM 10-K OR ANY AMENDMENT TO THIS
FORM 10-K.   X
           ----


<PAGE> 2

AS OF FEBRUARY 21, 1997, THE AGGREGATE MARKET VALUE OF THE
12,679,908 COMMON SHARES HELD BY NON-AFFILIATES OF THE REGISTRANT
WAS APPROXIMATELY $339 MILLION, BASED UPON THE CLOSING PRICE
($26.75) ON THE NEW YORK STOCK EXCHANGE COMPOSITE TAPE ON SUCH
DATE.

AS OF FEBRUARY 21, 1997, THERE WERE 12,884,352 COMMON SHARES
OUTSTANDING.

                DOCUMENTS INCORPORATED BY REFERENCE

PORTIONS OF THE REGISTRANT'S 1996 ANNUAL REPORT TO SHAREHOLDERS
ARE INCORPORATED BY REFERENCE INTO PARTS I AND II.  PORTIONS OF
THE PROXY STATEMENT FOR THE REGISTRANT'S ANNUAL SHAREHOLDERS
MEETING TO BE HELD IN MAY 1997 ARE INCORPORATED BY REFERENCE INTO
PART III.


<PAGE> 3


                                   PART IV

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<CAPTION>
<C>      <S>
ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON
         FORM 8-K

  (a)    The following documents are filed as part of this report:

         (3)  Exhibits

              13.1      1996 annual report to shareholders.


<PAGE> 4

                             SIGNATURES


Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.


                                       STORAGE TRUST REALTY


Date:  March 5, 1997                   By   /s/ Michael G. Burnam
                                         ----------------------------------
                                            Michael G. Burnam
                                            Chief Executive Officer and Trustee


Pursuant to the requirements of the Securities Exchange Act of 1934, this
report has been signed below by the following persons on behalf of the
Registrant and in the capacities and on the dates indicated.


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<TABLE>
<CAPTION>

    Signature                               Title                                                 Date
    ---------                               -----                                                 ----
<S>                                    <C>                                              <C>


 /s/ Michael G. Burnam                   Chief Executive Officer and Trustee                  March 5, 1997
-----------------------                  (Principal Executive Officer)
Michael G. Burnam


 /s/ Stephen M. Dulle                    Chief Financial Officer                              March 5, 1997
-----------------------                  (Principal Accounting and
Stephen M. Dulle                         Financial Officer)


 /s/ Gordon Burnam                       Chairman of the Board of                             March 5, 1997
-----------------------                  Trustees
Gordon Burnam


 /s/ P. Crismon Burnam                   Chief Operating Officer and                          March 5, 1997
-----------------------                  Trustee
  P. Crismon Burnam


 /s/ Blake Eagle                         Trustee                                              March 5, 1997
-----------------------
Blake Eagle


 /s/ Randall K. Rowe                     Trustee                                              March 5, 1997
-----------------------
Randall K. Rowe


 /s/ Daniel C. Staton                    Trustee                                              March 5, 1997
-----------------------
Daniel C. Staton


 /s/ Fredrick W. Petri                   Trustee                                              March 5, 1997
-----------------------
Fredrick W. Petri
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