TWO types of multiphase steels containing blocky or fine martensite have been used to study the phase interaction and the TRIP effect. These steels were obtained by step-quenching and partitioning (S-QP820) or intercritical-quenching and partitioning (I-QP800 & I-QP820). The retained austenite (RA) in S-QP820 specimen containing blocky martensite transformed too early to prevent the local failure at high strain due to the local strain concentration. In contrast, plentiful RA in I-QP800 specimen containing finely dispersed martensite transformed uniformly at high strain, which led to optimized strength and elongation. By applying a coordinate conversion method to the microhardness test, the load partitioning between ferrite and partitioned martensite was proved to follow the linear mixture law. The mechanical behavior of multiphase S-QP820 steel can be modeled based on the Mecking-Kocks theory, Bouquerel's spherical assumption, and Gladman-type mixture law. Finally, the transformation-induced martensite hardening effect has been studied on a bake-hardened specimen.