Microstructure, tensile properties, and fracture behavior of the inertia friction weld joints of dissimilar superalloys, cast Mar-M247 and wrought LSHR, were studied to assess the weld quality. Tensile tests were conducted at 23 and 704°C on the samples containing different areas of the weld interface of the same welded material. The stress-strain curves were registered at different axial distances from the weld interface. In all tested samples, plastic deformation was localized on Mar-M247 side, outside the heat-affected zone (HAZ), and the resistance to plastic deformation of Mar-M247 increased with a decrease in the distance from the weld interface inside HAZ. Only elastic deformation occurred on the LSHR side. Fracture occurred on the Mar-M247 side, outside HAZ, or at the weld interface. In the latter case, welding defects in the form of clusters of nanometer-sized oxide and carbide particles were observed at the fracture surfaces. These results revealed that the IFW process is capable of producing the weld joints between Mar-M247 and LSHR with the fracture strength higher than that of Mar-M247. However, optimization of the IFW processing parameters is required to minimize clustering of oxide/carbide particles at the weld interface in this alloy pair.