As a new type of backfill material, Self-compacting solidified soil (SCSS) takes the abandoned slurry of cast-in-place piles after dewatering and reduction as the main raw material, which brings a problem of coordinating the working performance with the mechanical property under the condition of high mobility. In this paper, hydroxypropyl methyl cellulose (HPMC) and metakaolin were introduced as additives to solve this problem. First, the workability and mechanical properties of SCSS were regulated and optimized by means of the water seepage rate test, the flowability test, and the unconfined compressive strength test. Second, this study also used X-ray diffraction (XRD) and scanning electron microscopy (SEM) to investigate the effects of HPMC and metakaolin on the physical phase and microstructure of SCSS. In this way, the results showed that there was a significant impact on the flowability of SCSS, that is, when the dosage reached 0.3%, the water seepage rate of SCSS was reduced to less than 1%, and the compressive strength at 7 days reached its peak. At the same time, HPMC weakened the strength growth of SCSS in the age period of 7 days to 14 days. However, the addition of metakaolin promoted its compressive strength. XRD analysis showed that the additives had no significant effects on the physical phases. And, from the SEM results, it can be seen that although the water-retaining effect of HPMC makes hydration of cement more exhaustive, more ettringite (AFt) can be observed in the microstructure. In addition, it can be observed that the addition of metakaolin can generate more hydrated calcium silicate (C-S-H) due to the strong surface energy possessed by metakaolin. As a result of the above factors, SCSS filled the voids between particles and improved the interface structure between particles, thus enhanced the compressive strength.