This study systematically investigates the influence of different heat treatment processes on the microstructural evolution and mechanical properties of Cu-15Ni-3Al alloys, with particular emphasis on the synergistic strengthening mechanisms of spinodal decomposition and precipitation hardening. Two distinct aging routes—solution aging and direct aging—were designed to facilitate a comparative assessment of microstructural characteristics and their correlation with mechanical performance. Comprehensive characterization was conducted using scanning electron microscopy (SEM), X-ray diffraction (XRD), transmission electron microscopy (TEM), and room-temperature tensile testing to elucidate the structure–property relationships. The results reveal that direct aging promotes the formation of fine, coherent L1₂-type Ni₃Al precipitates and the evolution of Ni-enriched regions initially generated through spinodal decomposition into stable Ni₃Al precipitates. These microstructural features act as effective barriers to dislocation motion, thereby significantly enhancing both strength and ductility. The findings provide valuable insights into optimizing heat treatment strategies to improve the performance of Cu-Ni-Al alloys.