Mechanical properties and microstructure were investigated on vacuum induction melted $Fe_3A1$base alloys of $DO_3$ structure. Specal emphasis were put on the effect of alloy chemistry, grain size and process(rolling, directional solidification) on mechanical properties of Fe-22.5-39at.%Al at elevated temperature between room temperature and $800^{circ}C$. grain size of as-cast alloys is refined by rolling from 1mm to $80mum$. Tensile strength of Fe-24.lat.%AI was about 404MPa at the critical ordering temperature, and the fracture strain of the alloy was 1-2% at room temperature. An inverse temperature dependence of the strength is noticed as-cast $Fe_3A1$. The presence of Cr and Zr do not affect the room temperature ductility and high temperature strength. Fracture strain of directionally solidified(DS) $Fe_3A1$ is about 1%at room temperature, but is about 60%at. $T_C$(550^{circ}C)$. Tensile strength of DS alloy is lower than that of as-cast alloy at $530^{circ}C$ and $430^{circ}C$. Failure mode at room temperature varies from transgranular fracture to intergranular fracture with the addition of Al. the failure mode also varies from mixed(transgranular+ intergranular) mode between room temperature and $500^{circ}C$ to intergranular mode above $550^{circ}C$