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Olympus 12-40mm f/2.8 ED M.Zuiko PRO Autofocus Lens

Micro Four Thirds Lens

Olympus 12-40mm f/2.8 ED M.Zuiko PRO Autofocus Lens

The Olympus 12-40mm f/2.8 ED M.Zuiko PRO Autofocus Lens for MFT (Micro Four Thirds) is a native Micro Four Thirds lens currently represented by 7 used KEH offers. Its strongest practical roles include macro photography, landscape photography. Its 12-40mm zoom range allows framing changes without switching lenses.

Recently listed KEH price starts at$412.00
Good starting useWide scenes, interiors and landscapes
Before you buyConfirm autofocus, stabilization, condition, accessories and camera-specific compatibility before buying.

Our used-buying recommendation

This product is classified for the native Micro Four Thirds mount. Confirm sensor coverage, crop behavior and any camera-specific limitations before purchasing.

The lowest currently listed KEH option is $412.00 in Bargain condition. Compare this grade against the other copies below: paying more can be worthwhile when the condition, included accessories, and return terms justify it.

Compare the condition-price tradeoff: the lowest KEH listing is $412.00 (Bargain), while another listed grade is $501.00 (Excellent)—a $89.00 difference. Check the retailer's actual cosmetic notes and included accessories before deciding whether the premium is justified.

Choose a buying option

Compare available listings for this exact lens family. Retailer prices and stock can change; confirm final checkout terms.

KEH CameraFrom $412.00 · BargainCheck KEH offer ↗
Compare KEH condition grades and accessories ↓We may receive a commission from qualifying merchant purchases at no extra cost to you.
Camera systemMicro Four Thirds
MountMicro Four Thirds
BrandOlympus
Sensor coverageMicro Four Thirds
Maximum aperturef/2.8
Inventory status7 recently listed

Camera compatibility

Cameras currently matched to this lens.

This lens is currently linked to a focused set of published camera guides through the site’s native compatibility data. Sensor coverage, crop behavior, autofocus, stabilization and firmware support can still vary by exact camera-and-lens combination.

Learn how compatibility works →

Used-market snapshot

What the current inventory says.

Current inventory is relatively broad, giving several KEH condition listings to compare with the tracked price history. Compatibility is mapped to multiple published camera guides. These are inventory and compatibility signals, not a hands-on lens rating.

Current price range

Used copies currently start at $412.00 and reach $581.00.

Inventory depth

We currently track 7 KEH condition listings.

Recent tracked entry price

Across the latest 8 observations, the lowest available price has ranged from $412.00 to $412.00.

Today's lowest tracked price is within about 1% of the lowest entry price in the recent observations shown here. Used prices can change as individual condition grades sell through.

Use the matched camera guides above and verify compatibility before buying. For condition decisions, see our used-lens buying guide.

Editorial buying guidance

Who this lens is most likely to serve well.

Research-based editorial assessment

This assessment uses product specifications, compatibility data, current used-market inventory and editorial research. It is not presented as a hands-on laboratory test unless explicitly stated.

Read our editorial policy →

Best for

  • macro photography
  • landscape photography
  • low-light photography

Why it stands out

  • Its 12-40mm zoom range allows framing changes without switching lenses.
  • There are currently 7 active KEH condition-grade offers, making price and condition comparison practical.
  • The f/2.8 maximum aperture balances light gathering, depth-of-field control and practical usability.
  • The catalog identifies this product for Micro Four Thirds coverage.

Things to consider

  • Included caps, hoods, cases and other accessories can differ between used listings.
  • A lower cosmetic condition grade can be a good value, but the final KEH listing should be checked for optical, mechanical and accessory details.
  • Current prices and availability can change after the feed is updated.

Compatibility notes

This product is classified for the native Micro Four Thirds mount. Confirm sensor coverage, crop behavior and any camera-specific limitations before purchasing.

Choosing a used condition

Start by comparing Excellent and Excellent Plus offers for a balance of price and cosmetic condition. Consider Bargain grade when the price difference is meaningful and cosmetic wear is acceptable. Always review the exact accessories included with the selected listing.

Recently imported KEH inventory

Compare condition grades.

Compare recently listed KEH condition grades and accessories, then verify the selected offer at the retailer.

Mirrorless Lens World may earn a commission if you purchase through these links. Your price is not increased. Products are sold and fulfilled by KEH. Confirm final condition, accessories, availability, price, shipping and return terms directly with KEH before purchasing.
ConditionIncluded detailsRecently listed priceRetailer
Like New MinusGrade LN-With Case, Caps and Hood$581.00View at KEH ↗
Excellent PlusGrade EX+With Caps and Hood$553.00View at KEH ↗
ExcellentGrade EXWith Caps$501.00View at KEH ↗
ExcellentGrade EXWith Caps and Hood$531.00View at KEH ↗
BargainGrade BGNWith Caps$412.00View at KEH ↗
BargainGrade BGNWith Case and Caps$416.00View at KEH ↗
BargainGrade BGNWith Caps and Hood$438.00View at KEH ↗

Tracked used-price history

Oct 20, 2026$412.004 offers
Oct 21, 2026$412.004 offers
Oct 22, 2026$412.004 offers
Oct 23, 2026$412.006 offers
Oct 24, 2026$412.006 offers
Oct 25, 2026$412.006 offers
Oct 26, 2026$412.006 offers
Oct 27, 2026$412.007 offers

The lowest tracked asking price stayed unchanged across the recent observations shown above. Individual used copies can move the range quickly as condition grades sell through.

Retailer-supplied product details

Additional listing information

The Olympus 12-40mm f/2.8 M. Zuiko Pro is a professional grade large aperture general purpose wide angle zoom lens for Micro Four Thirds digital cameras.

This large-aperture 3.3X Zoom lens is the first in the M. ZUIKO PRO line of top flight professional grade lenses.

It's equivalent to a 35mm format focal length of 24-80mm so it covers focal lengths from moderately wide-angle to short telephoto/portrait with it's zoom range. A truly extensive amount of exotic high grade optical components (including multiple Aspherical, High Refractive Index and ED lens elements) are used to produce very high quality images that set a new standard.

A bright maximum aperture of f/2.8 statys constant throughout the entire zoom range and a seven blade circular aperture helps produces pleasing background defocus. An “MSC” (movie and still compatible) AF lens drive system ensures fast and quiet auto-focusing especially important when shooting HD movies.

Builf quality is excellent with all metal construction, a manual focus clutch mechanism, as well as Splash-proof, Dust-proof and Freeze-proof construction well suited for the most demanding professionals and enthusiasts. When you want a bright pro grade general purpose zoom lens in a handy compact package the Olympus 12-40mm f/2.8 M.

Zuiko Pro is an excellent choice by any standard.

Listed features

  • Super versatile top quality lens for Micro Four Thirds Broad zoom range from wide-angle to portrait focal lengths Extremely impressive image quality Fast
  • bright f/2.8 constant
  • Available accessories include the LH-66 Petal type Lens Hood, LC-62D Aluminum Protective Lens Cap, LR-2 Rear Lens Cap, LSC 0918 Lens Pouch, and 62mm filters.

This section summarizes retailer-supplied listing text. Confirm specifications, condition and included accessories on the retailer page before purchasing.

Editorial method

Selected from active KEH inventory using native mount compatibility, current offer depth, focal length, aperture information and photography use-case classifications. Inventory depth is not treated as proof of optical superiority.

Last editorial update: Oct 27, 2026