The room and high temperature (up to 600 °C) mechanical properties, with emphasis on the fracture toughness and fatigue resistance, of an α/β titanium alloy that was additively manufactured using the laser powder bed fusion (LPBF) technique were evaluated in the as-printed (α’ lath martensite with negligible β phase content) and heat-treated (α/β structure with a significant volume fraction of the β phase) states for critically examining the β phase's role in the fracture and fatigue behavior (given the significantly higher diffusion rates of various species in β compared to α). Experimental results reveal that the heat-treated sample exhibits superior ductility and fracture initiation toughness at elevated temperatures, compared to the as-printed sample, due to the presence of β ligaments in the former. They also prevent strain localization along the prior β grain boundaries, and their absence in the as-printed state leads to cracking along those boundaries. While the fatigue crack growth (FCG) rates in both the as-printed and heat-treated samples deteriorated with increasing temperature, the threshold for FCG generally increased, which is attributed to creep-induced crack tip blunting. Moreover, a double Paris exponent phenomenon is observed for the heat-treated sample at 300 °C, attributed to the hydrogen-assisted crack growth, with β phase providing an accelerated diffusion pathway. Overall, the experimental results and their analyses illustrate the intricate relationship between creep, hydrogen diffusion, and the β phase in dictating the fracture behavior of LPBF α/β titanium at elevated temperatures.