make a closet organizer with an IKEA EXPEDIT and some tension rods. Okay, so the folks at I Heart Organizing who came up with this idea used dowel rods, but heavy-weight tension rods would work, too. 10 Ways to Get More Storage Out of a Small Closet
Bed couch with draws, shared room, space saver. this could go in bedroom area. like the shelves idea, too. can add a light wooden dining table and a few comfy folding chairs to make cool dining area in bedrm space, if bed moves to living room area.
Tommy room inspiration - The homeowner of this California ranch house mounted butterfly specimens on the walls of this bedroom, furnished with four-poster beds, duvets, and pillows from Restoration Hardware.