If you like wall art consider acoustic art panels. These are sound absorbing panels with your choice of art printed on them.
Generally speaking though, if you are in a basement with reflective surfaces it’s almost not worth any speaker upgrades until you contain that... OR you go with speakers with heavily controlled dispersion patterns like horns or electro-statics.
If you are interested to learn how much this can improve things, try putting up blankets or tapestries on the walls. Something thicker than sheets.
Also, if you are in a basement don't forget your ceiling tiles. Replacing traditional tiles with drop in acoustic panels should be part of your mix if you have a drop ceiling.