A series of Zn[Formula: see text]FexO ([Formula: see text], 0.015, 0.045, 0.075) nanoparticles were synthesized using the solution co-precipitation method, and their structural and property characteristics were investigated. X-ray diffraction (XRD) analysis revealed that all Zn[Formula: see text]FexO samples exhibited a hexagonal wurtzite crystal structure with the P63mc space group. The introduction of Fe doping led to a slight lattice distortion in the samples. The morphology of the nanoparticles, including polydispersion and agglomeration, as well as the presence of the second phase ZnFe2O4, was examined by scanning electron microscope (SEM) and transmission electron microscope (TEM). UV–Vis diffuse reflectance spectroscopy demonstrated that the band gap of Zn[Formula: see text]FexO lies between 3.152 and 3.163[Formula: see text]eV. With the increase in Fe ion doping, the band gap shows a slight decreasing trend. Mössbauer spectroscopy revealed that iron ions in the nanoparticles existed in a trivalent state and exhibited two different configurations: One involved iron replacing zinc without creating a vacancy, while the other involved iron substituting zinc with a vacancy. The ferromagnetic nature of the Fe-doped samples can be attributed to the exchange interaction between two Fe[Formula: see text] ions mediated by the F-center mechanism.