For purposes of developing a novel self-healing chemistry for polymer composites, melamine-formaldehyde (MF) resin-walled microcapsules containing styrene were prepared by in-situ polymerization in an oil-in-water emulsion. Chemical structure of the microcapsules was identified by Fourier-transform infrared spectroscopy (FTIR) and proton magnetic resonance spectroscopy (1H NMR), respectively. In addition, scanning electron microscope (SEM) and optical microscope (OM) were used to investigate morphology and geometry of the product. The effects of dispersion rate, weight ratio of core to shell and emulsifier concentration were carefully analyzed. It was found that poly(melamine-formaldehyde) (PMF) microcapsules containing styrene were successfully synthesized through the proposed technical route, and their mean diameters fall in the range of 20~71 µm. The rough surface of the microcapsules is composed of agglomerated PMF nanoparticles. Both core content and size of the microcapsule can be adjusted by selecting different processing parameters. The highest loading of styrene in the capsules is about 60% and the emulsifier with lower molecular weight used to result in higher core content. In terms of differential scanning calorimetry (DSC) and thermogravimetric analysis (TGA), thermal behavior and storage stability of the capsules were studied. The results indicated that the microcapsules can be handled up to 72 oC.