The three-liquid-phase formation in the ternary system of water + phosphoric acid + diisopropyl ether (DIPE) makes the phosphoric acid extraction only effective for acid mass fractions above 0.69. To avoid the undesirable formation of the third phase and enhance acid extraction, particularly at low concentrations, two phase modifiers, methyl isobutyl ketone (MIBK) and tributyl phosphate (TBP), were systematically studied. In order to quantify the synergetic effect of the mixed solvents of DIPE+TBP and DIPE+MIBK, the liquid–liquid equilibria for the quaternary systems of H2O+H3PO4 + DIPE+TBP and H2O+H3PO4 + DIPE+MIBK were fully established for different DIPE/phase modifier (TBP or MIBK) mass ratios (90/10, 70/30, 50/50, and 20/80) at 298.2 K under atmospheric pressure using the cloud point and Othmer graphical method. Othmer-Tobias and Hand correlations were used to fit the tie-line data and assess its consistency. In addition, the behavior of the three-phase zone was also studied as a function of the phase modifiers content. Separation factor (S) and acid distribution (D2) were used to identify the most effective solvent with the potential to enhance phosphoric acid extraction from aqueous solutions.