Presented in this study are the variations of microstructures and mechanical properties with tempering and Post-Weld Heat Treatment (PWHT) conditions for SA508 Gr.4N steel used as Reactor Pressure Vessel (RPV) material. The blocks of model alloy were austenitized at the conventional temperature of $880^{circ}C$ then tempered and post-weld heat treated at four different conditions. The hardness and yield strength decrease with increased tempering and PWHT temperatures, but impact toughness is significantly improved, especially in the specimens tempered at $630^{circ}C$. The sample tempered at $630^{circ}C$ with PWHT at $610^{circ}C$ shows optimum mechanical properties in hardness, strength, and toughness, excluding only the transition property in the low temperature region. The microstructural observation and quantitative analysis of carbide size distribution show that the variations of mechanical properties are caused by the under-tempering and carbide coarsening which occurred during the heat treatment process. The introduction of PWHT results in the deterioration of the ductile-brittle transition property by an increase of coarse carbides controlling cleavage initiation, especially in the tempered state at $630^{circ}C$.