Advanced ceramics are required in many applications including armor, engine components, and wear parts for abrasive, corrosive, and high temperature environments. Heterogeneous structuring in these materials has the potential to unlock extrinsic mechanisms that improve damage tolerance, of vital importance for structural functionality. However, traditional ceramic powder processing and forming techniques limit the design space to simple geometries with chemically homogenous microstructures. Thus, additive manufacturing by direct ink writing (DIW) was applied to fabricate multi-phase carbide specimens with tailored composition and mesostructure. A custom DIW system was developed to allow simultaneous extrusion and mixing of multiple inks, comprised of ceramic particulate suspensions, through a single nozzle. Boron carbide (B4C) and silicon carbide (SiC) were chosen for this study due to their excellent mechanical properties. Aqueous B4C and SiC inks were loaded to 47.5 vol% ceramic content and showed yield-pseudoplastic behavior. The carbide inks were characterized and modified to exhibit similar rheological behavior (yield stress and viscosity), and were used to produce B4C–SiC parts with either discrete or continuous composition variation. Specimens were hot pressed at 35 MPa and 1950 °C, yielding near full density with hardness (Knoop) values of 20–23 GPa. Tailored heterogeneity, achieved via active in-line mixing, is revealed through microstructural characterization. Cracking observed in the specimen with discretely varied composition is the result of thermally-induced residual stress, and is elucidated through analytical calculations.