Tempering treatment is conducted on a commercial dual phase (DP) 980 steel at 250 ℃ and 400 ℃ for 60 minutes each. Ferrite and martensite grains are distinguished using electron backscatter diffraction (EBSD) and scanning probe microscopy (SPM), and the martensite volume fractions (MVF) are determined based on the image quality (IQ) map. Indentation tests combined with a newly developed inverse method are used to obtain the individual phase flow properties in each sample. The results show that, i) tempering significantly reduces martensite yield strength, while it slightly reduces the ferrite yield strength; ii) tempering temperature has a more significant influence on the work hardening exponent of ferrite than that of martensite. As a validation, a simple rule-of-mixtures is used to verify the above-predicted individual phase flow stresses with the experimentally obtained overall true stress vs. true strain curves.