This paper presents a displacement sensor designed to achieve the Optical Vernier Effect (OVE) through a simple yet robust configuration, enhancing sensitivity and precision in small displacement measurements. The sensor structure comprises a few-mode fiber (FMF) placed between two single-mode fibers (SMF) in an SMF-FMF-SMF (SFS) configuration. A series of distinct configurations of concatenated Mach–Zehnder fiber interferometers (MZFI) were examined, with the lengths of the reference FMF (FMF_Ref) and sensing FMF (FMF_Sen) adjusted to track the spectral envelope shifts. The results demonstrate that the direction of the spectral shift is governed by the ratio between the FMF_Ref and FMF_Sen lengths. The sensor achieved a sensitivity of up to 39.07 nm/mm and a magnification factor (M factor) of up to 50.09, demonstrating exceptional precision and adaptability across a range of applications. The proposed configuration also enhances the overall sensor performance, highlighting its potential for broader use in fields requiring precise displacement monitoring.