The invention relates to a multiphase flow erosion local corrosion testing apparatus. The testing apparatus comprises an ore pulp pump, a slurry tank, a stirrer, a pressure gage, an electromagnetic flowmeter, a pipe flow erosion pipe section, a jet flow erosion pipe section, a thermocouple and a low temperature constant temperature circulator. The testing apparatus is characterized in that the stirrer is arranged above the slurry tank, the thermocouple is mounted in the slurry tank and is connected with the low temperature constant temperature circulator, the bottom end of the slurry tank is connected with the ore pulp pump through a feed pipe, a ball valve is installed on the feed pipe, an outlet pipe of the ore pulp pump is provided with a first stop valve and is divided into two paths through the stop valve, one path returns to the slurry tank after passing through a second stop valve, and the other path returns to the slurry tank after passing through the pressure gage, the electromagnetic flowmeter, the pipe flow erosion pipe section and the jet flow erosion pipe section. According to the invention, characteristics of pipe flow and jet flow erosion-corrosion testing machines are combined, pipe flow erosion and jet flow erosion local corrosion tests can be simultaneously or individually carried out, and the testing apparatus has the characteristics of a small size, a simple structure, low manufacturing cost and good operationality.