Transform an entertainment center into a laundry station. Paint it, install a hanging rod in one of the tallest sections to function as storage and a place to drip-dry delicates. Baskets for ironing supplies. A lazy Susan for cleaning supplies. And I'm thinking that ironing board could be attached to the side instead of the wall.
repurpose entertainment center: I put mine in the dining room as a bookshelf/sewing machine table. Top of it it also used like a buffet for parties. Spray painted, antiqued, added a shelf in the big TV spot, took off doors and glass doors. Functional and looks great!
Reused drawers turned sideways for shelving. I saw this in an issue of ReadyMade once and LOVED it; I have a couple of wood drawers that I picked up just for this purpose someday. (Currently we're using them as underbed storage now, which also works.)
Salvage a Media Cart - Unattractive TV carts like this one are cheap thrift shop regulars. To turn an old castoff into a charming bedside table, start by removing the casters and replacing them with new wooden furniture feet. Prime and paint the cart. Remove the doors and decoupage the fronts with decorative paper. Cut a new back for the cart from í-inch plywood and decoupage it with coordinating paper. Add new knobs to the doors and reinstall.