The effect of the partial substitution of Ca²⁺ by Ho³⁺ ions on the electrical and mechanical properties of the superconducting phase (Bi,Pb)-2223 was studied. Superconducting samples of the type (Bi_1.8Pb_0.4)Sr₂Ca_2.1−xHo_xCu_3.1O_10+δ were prepared by solid-state reaction technique under ambient pressure, and characterized by means of X-ray powder diffraction (XRD) and scanning electron microscopy (SEM). The superconducting transition temperature T_c and pseudogap temperature T^* were estimated from electrical resistivity measurements, while the critical current density J_c was determined from I–V curves. The electrical resistivity data were discussed according to bipolaron model in the absence of thermally excited individual polarons. The sample with x = 0.025 showed the highest phase volume fraction, T_c, and J_c. Room temperature Vickers microhardness measurements were carried out at different applied loads (0.25–5 N) in order to investigate the performance of the mechanical properties of (Bi_1.8Pb_0.4)Sr₂Ca_2.1−xHo_xCu_3.1O_10+δ phase. It was found that all the samples exhibit normal indentation size effect (ISE). The Vickers microhardness number H_V increased as x increased from 0 to 0.025. The experimental results were discussed in view of Meyer’s law, Hays–Kendall (HK) approach, elastic/plastic deformation (EPD) model, and proportional specimen resistance (PSR) model. The load independent (true) microhardness of (Bi_1.8Pb_0.4)Sr₂Ca_2.1−xHo_xCu_3.1O_10+δ superconducting samples showed identical behavior to that of the PSR model.