Aiming at the problem of the poor performance of an Mn-MOF-74-derived Mn3O4 catalyst in low-temperature carbon monoxide (CO) oxidation, copper (Cu) and cerium (Ce) elements were used to modify the Mn3O4 catalyst to improve its performance in low-temperature CO oxidation. According to the results of catalytic performance testing, the CO oxidation activity of the Cu0.3Mn2.7O4 catalyst was significantly improved compared with that of the pristine Mn3O4 catalyst, when a CO conversion rate of 90% was achieved at 118 °C. According to X-ray photoelectron spectroscopy and Brunauer-Emmett-Teller analyses, the (Mn2+ + Mn3+)/(Mn2+ + Mn3+ + Mn4+) ratio and the Oads/Ototal ratio increased after Cu doping, indicating promoted oxygen vacancy generation. In addition, the increased specific surface area was beneficial for the adsorption of reactant molecules and the exposure of active sites. According to H2-temperature-programmed reduction characterization, Cu doping significantly enhanced the performance of the Cu0.3Mn2.7O4 catalyst during low-temperature redox. Finally, these factors synergistically promoted the degradation of CO over the Cu0.3Mn2.7O4 catalyst. In addition, operando diffuse reflectance Fourier transform infrared spectroscopy results suggested the presence of more terminal-type oxygen, which is essential for the catalytic oxidation of CO on the surface of the Cu0.3Mn2.7O4 catalyst. Moreover, the Cu0.3Mn2.7O4 catalyst also showed excellent resistance to carbonate, and remarkable stability.