A Multi-Purpose Quarters is disclosed. The MPQ encloses the reading space with walls in order to facilitate the reader's learning ability and concentration and is provided with composed functions for desk, computer panel, bookracks and bed. The MPQ has a box-shaped body (20) and cover which are opened forward and backward respectively and brought into slidable engagement with each other. A pull-down bed is attached to the cover to form an openable front wall of the cover. The body has a vertically movable holding panel and an inclined desk panel (13 A) which can vertically move by the rotating force of a drive motor transmitted thereto through front and rear lifting wires. The holding panel vertically moves in the body under the guide of a plurality of channeled columns vertically standing in the corners of the body.