Zinc oxide (ZnO) nanoparticles were synthesized by a simple precipitation method. ZnO nanoparticles were prepared by reacting Zinc acetate with sodium hydroxide in presence of varying concentration of Triethanolamine (TEA). The effect of addition of TEA on ZnO nanoparticles was studied. Hexagonal rod like ZnO was obtained by the addition of TEA whose morphology gradually changed with increasing concentration of TEA. ZnO nanoparticles with tuned properties can be prepared by using TEA for specific applications. The synthesized ZnO nanoparticles were characterized using X-ray diffraction (XRD), Field emission scanning electron microscope (FE-SEM), Fourier transform Infrared spectroscopy (FTIR), UV-Vis Spectrometer and Photoluminescence (PL).