Evolution of micro- and macrostructure and mechanical properties of oxygen-free copper after MAF at room temperature was studied. MAF included sequential upsetting and drawing with total cycles number equal to 20 and maximum strain ≈50. MAF causes the formation of homogenous UFG structure with a grain/subgrain size of 0.3 m and fraction of high angle boundaries 50%, but macrostructure is heterogeneous. Rough shear macrobands areas of different orientation are observed. MAF results in significant strengthening from 280 MPa to 445 MPa, but samples remain very ductile even after large strains. Mechanisms of UFG structure formations during MAF are discussed.