We present results for light hadrons composed of both degenerate and nondegenerate quarks in quenched lattice QCD. We calculate masses and decay constants using 60 gauge configurations with an 0(a)-improved fermion action at beta=6.2. Using the rho mass to set the scale we find hadron masses within two to three standard deviations of the experimental values (given in parentheses): m(K)* = 868(+9/-8) MeV (892 MeV), m(phi) = 970(+20/-10) MeV (1020 MeV), m(N) = 820(+90/-60) MeV (938 MeV), m(DELTA) = 1300(+100/-100) MeV (1232 MeV), and m(OMEGA) = 1650(+70/-50) MeV (1672 MeV). Direct comparison with experiment for decay constants is obscured by uncertainty in current renormalizations. However, for ratios of decay constants we obtain f(K)/f(pi) = 1.20(+3/-2) (1.22) and f(phi)/f(rho) = 1.13(+2/-3) (1.22).