Cr, In co-doped MgGa2O4 persistent luminescence nanoparticles(PLNPs) with small-size were prepared by ethylene glycol assisted co-precipitation. The influence of Cr,In co-doping and calcination temperature on the MGO crystal structure, afterglow luminescence properties and size were further investigated. The results showed that the optimal Cr,In co-doped concentrations were 0.3% and 0.02%, respectively, and the samples belonged to Fd3m space group, Cr,In co-doping had no effect on the structure of the samples. The PLNPs had a good water dispersibility with an average particle size of (8.61±2.23) nm and the optimum calcination temperature of 700 ℃. Moreover, the afterglow decay life was prolonged by In doping, and the average luminescence life(τav) of the afterglow decay fitting curves increased from 49.33 s to 52.89 s with the QY increased to 44.9%. The activation energy(Ea) was (0.36±0.04) eV. The PLNPs had a good thermal stability, and the trap depth was 0.696 eV. Moreover, the PLNPs had three excitation bands at 260, 410 and 600 nm, respectively, which indicated that UV light, blue-green light and red light could be excited, and the emission wavelength was all at 705 nm, belonged to the 2E(2G)→4A2(4F) transition of Cr3+. Therefore, the PLNPs had a great potential application value in red LED lamps, optical storage devices and biomedical fields.