Oxide dispersion strengthened (ODS) steels have been considered as promising structural materials for fusion reactors. In fabricating ODS steels, homogenous distribution of nano-sized oxides is always expected. In this work, Ti and C were respectively added into the 9Cr alloy with 2 wt% Mn, and the effects of individual Ti addition on microstructure and mechanical performance of ODS alloys are studied. Regularly distributed oxides were revealed in the 9Cr alloys fabricated by hot isostatic pressing (HIP), irrespective of alloying compositions, which indicates the strong interaction between oxides and phase interface. Alloying elements within the matrix can be incorporated into these regularly distributed oxides. Oxide nanoparticles will affect the phase transformation behaviors and the microstructure of as-HIPed 9Cr alloys without oxides is different from that of 9Cr ODS alloys. By performing post-HIP heat treatments, the matrix conditions of 9Cr ODS alloys can be adjusted, and ferritic and martensitic 9Cr ODS alloys are respectively obtained. With tensile tests at room temperature and 650 °C, effects of oxides and matrix conditions on 9Cr alloys were evaluated. It is found that individual Ti addition has a softening effect on the 9Cr alloys, despite that whether oxides are added. Simultaneous addition of Ti and C can improve the strength of 9Cr alloys evidently. Poor ductility at 650 °C is a critical issue for 9Cr ODS alloys, while the 9Cr alloys without oxides have favorable combination of strength and ductility at both room temperature and 650 °C.