The understanding of the axial tensile behavior of environmentally corroded pipelines is of great significance for the design, maintenance, and evaluation of such structures. This article presents some experimental data recorded from 210 tensile tests on pipe, which were corroded from grade of 10% to 70% by electrochemical accelerated corrosion method. The fracture modes show that, for the uncorroded pipe, the fracture frequently occurs in the middle of the specimen and then propagates perpendicular to the loading direction. However, for the corroded pipe, the crack’s position, evolution angle, and path have strong randomness. The comparative analysis based on the macroscopic stress-strain relationship shows that the rapid decrease of the yield stress, ultimate strength, and strain at the fracture for corroded pipe are correlated with the fracture patterns; i.e., the fracture patterns of pipe are changed from uniform to scattered with the continuous increase of the corrosion rate. The reduction factor based on experimental data is recommended for the consideration of the corrosion effect on the tensile strength of the steel pipe. Discussion on the tensile capacity during the service time is also presented.