A room partition system for a room having a central connecting panel and hingeably attached, foldable lateral storage units. Each of the lateral storage units has a bottom-mounted wheel assembly, thereby allowing the partition system to be rolled to various locations within the room. The lateral storage units have a plurality of shelves and provide substantial storage volume for containment of various items of clothing and other accessories. The lateral storage units are attached by hinges to the central connecting panel, thereby allowing a user to fold the storage units partially or fully against the connecting panel. The partition system has an open position, wherein the storage units extend parallel to the connecting panel, and also a folded position, wherein each lateral storage unit is rotated upon its hinges to a position perpendicular to that of the connecting panel, thereby forming a partially enclosed area for use as an entertainment center, a study center, or a work center.