The effects of the addition of silver on the microstructural variation and antibacterial performance of 2205 duplex stainless steel after solution and aging treatment were investigated by scanning electron microscopy (SEM), transmission electron microscopy (TEM), high-resolution TEM, and antibacterial testing. The microstructure showed that 2205Ag is composed of a ferrite (α) + austenite (γ) duplex phase and Ag-rich nano-precipitates (Ag-NPs). The morphology of the Ag-NPs varied from spherical to polygonal after aging treatment at 450 °C for 4 h. These precipitates were identified as face-centered-cubic structures with a lattice parameter of a = 0.354 nm and a mismatch of δ = 0.84% relative to the austenite matrix. Notably, 2205Ag with polygonal Ag-NPs exhibited excellent antibacterial properties that were superior to those of 2205Ag with spherical Ag-NPs.