In order to effectively utilize red mud, an aluminum industrial waste, the stabilized soil material was developed using nano-SiO2 synergistically modified red mud, and the strength characteristics of the stabilized soil were analyzed to clarify the feasibility of such stabilized soil serves as a road base material. Through different combination schemes, the effects of different nano-SiO2 and cement contents on the strength of the stabilized materials were explored. The test results show that: in the synergistic modification of nano-SiO2 and cement, nano-SiO2 can significantly improve the early unconfined compressive strength of red mud-based stabilized soil; in the synergistic modification of nano-SiO2, gypsum and cement, the 7-d unconfined compressive strength of red mud-based stabilized soil is greater than 2 MPa, which meets the strength requirements of road base materials and shows the superiority of synergism. The nominal stress-strain curves are divided into five stages: compressed and compacted stage, elastic deformation stage, plastic deformation stage, damage deformation stage and residual deformation stage. The macroscopic compressive damage pattern of the specimens shows that the modified red mud-based stabilized soil mostly exhibits brittle damage.