13%Cr martensitic stainless steel was microalloyed with 0∼1.5%Mo, and the mechanical properties were tested at the various heat treated conditions. Mo addition increased austenitization temperature(Ac1), and had little influence on the hardness and tensile properties at the annealed condition. The higher the austenitizing temperature, the higher the hardness and tensile strength, but Mo addition decreased those properties. The impact energy after austenitization increased with addition of Mo. The decrease of mechanical properties and increase of impact energy of Mo-alloyed steel after austenitization are thought to be caused by formation of ductile δ-ferrite phase in the microstructure.