The mechanical properties, corrosion resistance and microstructure of the spray-formed 7075 alloy after one-stage aging treatments were studied by using a tensile tester, hardness tester, slow strain rate test, electrical test, intergranular corrosion test, electrochemical corrosion test, scanning electron microscope and transmission electron microscope. The results show that the strength and hardness of the alloy have double peaks with the one-stage aging treatments. With aging at 120 °C for 24 h (first peak), abundant tiny η′ phases and η phases precipitate in the matrix. The tensile strength of the alloy increases to 760 MPa, and the elongation is 4.8%. After aging at 120 °C for 132 h (second peak), blocky η phases appear. The tensile strength and elongation of the alloy are 757 MPa and 5.9%, respectively. The grain boundary precipitates dissociate, and the precipitate-free zones are widened. The corrosion resistance of the alloy increases.