To improve the output damping force of the eddy current damper, a multilayer magnetic field rotary eddy current inertial damper (MMF-RECID) is proposed. The MMF-RECID is an inerter-based eddy current damper. A prototype device of the MMF-RECID is manufactured and tested, and its mechanical properties are systematically investigated. Firstly, the configuration of the MMF-RECID is described, and the calculation formulas of the axial force are derived. Secondly, an MMF-RECID prototype is designed and fabricated, and the apparent mass and energy dissipation performance under recycled axial loading are investigated. Three-dimensional transient numerical simulations of eddy current damping are conducted using the ANSYS Electronics Desktop. The results show that the eddy current damping force exhibits velocity nonlinearity, and the test results are consistent with the simulation results. Next, the study focuses on parameters influencing the maximum eddy current damping torque generated by the copper plate and the corresponding critical rotating speed. These parameters encompass the number and size of the magnets, the thickness of the copper plate, and the air gap. Finally, the earthquake-reduction effect of a six-degree-of-freedom structure equipped with MMF-RECID is analyzed. This study demonstrates that the ball screw system of MMF-RECID achieves a multiplicative effect of apparent mass and eddy current damping force, the eddy current damping force of a multi-layer magnetic field versus a single-layer magnetic field conforms to the law of linear superposition, and the hysteresis curves are stable. The eddy current damping torque can be improved by increasing the number and size of the magnets, and decreasing the air gap. The thickness of the copper plate significantly affects both the maximum damping torque and the critical speed, and the optimal thickness range is between 2 mm and 4 mm.