In this paper, the microstructure and properties of as-cast Cu-Y-Zr alloys with different Zr content were studied in order to investigate whether the precipitates in copper alloys would interact with each other by adding Y and Zr simultaneously. As-cast Cu-0.5Y-xZr (wt.%, x = 0.05 and 0.1, nominal composition) alloys were prepared by vacuum melting in this study. Scanning electron microscopy (SEM), energy dispersive spectroscopy (EDS), X-ray diffraction (XRD), and transmission electron microscopy (TEM) were used to observe the microstructure of the alloys. The mechanical properties of the alloys were tested by universal material testing machine at room temperature. The effects of Zr content on the microstructure and mechanical properties of the alloys were explored. As shown by the research results, in the as-cast Cu-0.5Y-xZr (wt.%) alloys, the precipitated phase was the Cu₅Y/Cu₅Zr phase and ranged from 10 nm to 70 nm in size; when the Zr content increased from 0.05 wt.% to 0.1 wt.%, both the tensile strength and elongation rate of the alloys increased; when the Zr content was 0.1 wt.%, the tensile strength was 225 MPa and the elongation rate was 22.5%.