Background/Objectives: Resistance training (RT) can improve the functional performance of older adults, maintaining independence and quality of life. It has been proposed that training interventions should implement exercises associated with the movements needed in everyday life. However, this strength training philosophy presents challenges, specifically to older adults, and the use of resistance machines might present an efficacious alternative. The aim of this systematic review and meta-analysis was to explore the impact of machine-based RT on strength and functional capacity in older adults. Methods: The inclusion criteria were for strength training interventions to be a minimum of 6 weeks, using only resistance machines, with pre- and post-intervention measurements of functional capacity of either a timed up-and-go and/or a sit-to-stand test, and including healthy older adults (>60 years). Results: Following the screening, 17 articles met the inclusion criteria for the systematic review, 15 of which were included in the meta-analysis for functional outcomes (n = 614 participants), and 11 of which were included in the meta-analysis for strength outcomes (n = 511 participants). Analyses revealed significant standardized mean change in favor of machine-based RT for functional outcomes (0.72, 95% CIs 0.39 to 1.07) and strength outcomes (0.71, 95% CIs 0.34 to 1.08) compared to control conditions (functional = 0.09, 95% CIs − 0.1 to 0.28, strength = 0.1, 95% CIs − 0.05 to 0.24). Substantial heterogeneity was noted in the manipulation of RT variables and the magnitude of effects between studies. Conclusions: The data presented support the idea that significant strength and functional performance outcomes are attainable using uncomplicated, machine-based RT.