Dislocation structures, chemical segregation, γ′, γ″, ! precipitates and Laves phase were quantified within the microstructures of Inconel 718 (IN718) produced by laser powder bed fusion additive manufacturing (AM) and subjected to standard, direct aging, and modified multi-step heat treatments. Additionally, heat-treated samples still attached to the build plates vs. those removed were also documented for a standard heat treatment. The effects of the different resulting microstructures on room temperature strengths and elongations to failure is revealed. Knowledge derived from these process-structure-property relationships was used to engineer a super-solvus solution anneal at 1020 ºC for 15 minutes, followed by aging at 720 ºC for 24 hours heat treatment for AM-IN718 that eliminates Laves and δ phases, preserves AM-specific dislocation cells that are shown to be stabilized by MC carbide particles, and precipitates dense γ′ and γ″ nanoparticle populations. This "optimized for AM-IN718 heat treatment" results in superior properties relative to wrought/additively manufactured, then industry standard heat treated IN718: relative increases of 7/10% in yield strength, 2/7% in ultimate strength, and 23/57% in elongation to failure are realized, respectively, regardless of as-built vs. machined surface finishes.