Both cropland management and slop erosion are important factors influencing soil properties, but there are relatively few studies on their combined effects. Studies at the agricultural watershed scale can satisfy both of these conditions, and to reduce the effects of soil heterogeneity due to differences in spatial scale, it is better to select different slopes in the same small watershed. To understand how soil properties will respond to the variation of slope position and cropland management at an agricultural watershed, we present the distribution of soil bulk density (BD), saturated hydraulic conductivity (Ks), water-stable aggregates, soil organic carbon (OC), nitrogen (N), and phosphorus (P) at four slope positions in two cropland management systems of a small agricultural watershed in the black soil region of northeast China. The selected four slope positions include upper slope, middle slope, lower slope, and footslope positions. The two cropland management systems consist of a sustainable cropland system (i.e., contour ridge tillage at upper slope position, longitudinal ridge tillage at middle slope and lower slope positions, and grassland at footslope position) and a conventional cropland system (i.e., contour ridge tillage at upper slope position, longitudinal ridge tillage at middle slope, lower slope positions, and footslope positions). The results showed that soil bulk density and microaggregates decreased but the concentration of OC and nutrients, Ks, and small-macroaggregate increased from the upper slope position to the lower slope position in both the conventional and sustainable croplands, which was due to the interaction effect of cultivation with erosion. In comparison with conventional cropland, sustainable cropland has greater Ks, large-macroaggregate, small-macroaggregate, microaggregate, and concentrations and stocks of OC, N, and P, but showed lower bulk density and silt + clay fraction. However, the prominent differences in both croplands were presented in the footslope position, which is ascribed to the interaction of cultivation, erosion, and cropland management. These results highlighted that sustainable cropland management practice has the potential to improve soil structure and prevent soil and nutrient loss.