Titanium alloys are the ideal material for a wide range of structural applications, but their high cost compared to other metals hinders their adoption. Powder metallurgy and cheap alloying elements can be used to create new Ti alloys. In this study, the simultaneous addition of Al and Mn is considered to manufacture and characterise ternary Ti-2.5Al-Mn alloys obtained via pressing and sintering by varying the Mn content (1–10 wt.%). It is found that the addition of the alloying elements reduces compressibility. Consequently, the amount of porosity increases (8.5 → 10.8%) with the amount of Mn as the alloys were processed under the same conditions. The progressive addition of Mn refines the classical lamellar microstructure and, eventually, transforms it into an equiaxed β-grain structure with acicular α grains. The microstructural changes lead to continuous increases in strength (ultimate tensile strength: 694 → 851 MPa) and hardness (225 → 325 HV30) with an associated loss of ductility (elongation to failure: 13.9 → 1.0%). However, the obtained ternary Ti-2.5Al-Mn alloys have similar or better overall mechanical behaviour than most of the binary Ti-Mn alloys obtained through a variety of manufacturing methods.