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As the pseudo-binary alloys between GeTe and Sb2Te3, GeSbTe-based compounds are promising thermoelectric materials. Although Ge2Sb2Te5 and GeSb2Te4 have widely been studied, the thermoelectric properties of GeSb4Te7 have not been well understood yet. In this work, we design a series of GeSb4-xBixTe7 solid solutions and systematically study the variation in the crystal structure, electrical, and thermal transport properties. Alloying Bi effectively reduces the carrier concentration and, thus, enhances the Seebeck coefficient. Meanwhile, the thermal conductivity is greatly reduced via large mass fluctuations. A maximum zT of 0.69 at 550 K and an average zT value of 0.52 between 300 and 700 K have been achieved for GeSb1.5Bi2.5Te7. These findings will promote the understanding and development of GeSbTe-based thermoelectric materials. [ABSTRACT FROM AUTHOR]