The smartest way to make the most of a small space is with functional furniture that serves more than one purpose. Futons are a go-to for this scenario—couch by day, bed by night—because they add ...

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FUTONS WERE—and are—staple furniture of broke college kids everywhere. The old-school wood-slat frames and heavy, lumpy mattresses were designed entirely with versatility in mind: Couch by day, bed by ...