Aluminum alloy 7A04 compressed at high deformation temperature and large deformation is applied in two different heat treatment (T5 and T6), then microstructure and properties of the alloy after heat treatment are investigated. The mechanical properties are studied by means of the tensile testing and the hardness testing. The microstructure characteristics and the fractorgraphy analysis are respectively investigated with optical microscopy and SEM. The experimental results indicate that after T6 heat treatment, the second-phase particles dispersed in the matrix, which can efficiently improving the strength of the alloy, but reduced the toughness. After T5 heat treatment, the coarse and discontinuous second-phase is distributed along the grain boundary, which can lead to the low strength and high toughness because of the lack of the strengthening phase in the grains. The fracture appearance is intercrystalline fracture after T6 heat treatment, and dimple transgranular fracture after T5 heat treatment.