Developing medium-Mn steels (MMnS) demands a better understanding of the microstructure evolution during thermo-mechanical treatments (TMTs). This study demonstrates the relationship among processing, microstructure, and mechanical properties of a warm-rolled medium-Mn steel (MMnS) containing 1.5 wt. % Cu and 1.5 wt. % Ni. After short-time warm rolling (WR) in an intercritical temperature range, a significant quantity (40.6 vol.%) of austenite was reverted and retained after air cooling. The microstructure and tensile properties of the WR specimens were compared with two typical process routes, namely hot rolling+ cold rolling+ annealing+ tempering (CRAT) and warm rolling+ annealing+ tempering (WRAT). The WR specimen exhibited comparable tensile properties with the CRAT specimens (967 MPa yield strength, 1155 MPa tensile strength, 23% total elongation), with a remarkably shortened process route, which was derived from the dislocation accumulation and austenite reversion during rolling. The WR route stands out among the traditional CRAT and the extended WRAT routes for its excellent tensile properties and compact processing route.