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Ti-6.5Al-2Zr-1Mo-1V (TA15), widely used in the aerospace industry, is a medium- to high-strength, near-α titanium alloy with high aluminium equivalent value. The TA15 fabricated via laser powder bed fusion (L-PBF) normally presents a typical brittle appearance in as-built status, with high strength and low ductility. In this study, the microstructure and properties of L-PBF TA15 were engineered by various heat treatments below the β-transus temperature (1022 °C). After heat treatment, the original acicular martensite gradually transforms into a typical lamellar α + β dual-phase structure. Withannealing temperature increases, the lamellar α phase thickened with a decreased aspect ratio. Globularisation of the α grain can be noticed when annealing above 800 °C, which leads to a balance between strength and ductility. After heat treatment between 800–900 °C, the desired combination of strength and ductility can be achieved, with elongation of about 12.5% and ultimate tensile strength of about 1100 Mpa. [ABSTRACT FROM AUTHOR]