The short answer is no.
You could make a custom client/downgrade to an older expansion by removing files and use fall back graphics.
This is a hard job that might (will most likely) result in an unstable client without 100% knowledge of how the client works.
These are just some of the things you need as a minimum baseline for something like the first version of UO.
(You will also need executables and language files and stuff like that for at least 100 MB.)
Arts, 65 MB
Animations, 190 MB
Sounds, 110 MB
Felucca Map, 115 MB
Gumps, 70 MB
As you see it adds up fast.